Markets are anticipating the release of the U.S. consumer price index (CPI) reading for May on Thursday, with expectations of a surge in the inflation rate. Data by the United States Bureau of Labor Statistics are likely to show that an inflation reading of 4.7% last month, with core inflation …
Read More »UK annualized CPI Beats Estimates With 1.5% in April,
The UK Consumer Prices Index (CPI) 12-month rate came in at +1.5% in April when compared to +0.7% booked in March while beating expectations of a +1.4% record, the UK Office for National Statistics (ONS) reported on Wednesday.
Read More »U.S. Inflation Surges to Highest Level since 2008
Consumer prices in the United States surged during April, leading to the highest rise in the inflation rate in more than 12 years, data showed on Wednesday. The Consumer Price Index (CPI) increased by 4.2% last month, according to official data by the U.S. Department of Labor. This marked the …
Read More »Eurozone Preliminary CPI Rises to 1.6% YoY in April
According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 1.6% in April, matching expectations of 1.6% while accelerating March’s 1.3%. The core figures eased to 0.8%% YoY in April when compared to 0.9% expectations and 0.9% booked in March.
Read More »Eurozone final CPI Meets Estimates in March
According to Eurostat’s final reading of the Eurozone CPI report for March, the consumer prices came in at 1.3% on a yearly basis, meeting the estimate of 1.3% and 1.3% expectations. While the core figures steadied at 1.4%, also matching the 0.9% expectations. On a monthly basis, the bloc’s CPI …
Read More »Britain’s Inflation Fell Unexpectedly to 0.4% in February
Official figures showed that UK consumer price inflation fell to 0.4% in February from 0.7% in January, reflecting unusual patterns of discounts on clothing. This came against expectations in a Reuters poll for a rise to 0.8%.
Read More »Euro Area Annual Core CPI Remains Steady at 1.1%
Inflation in the euro area, as measured by the Consumer Price Index (CPI), stayed unchanged at 0.2% and 0.9% on a monthly and yearly basis, respectively, in February as expected. Further details of the report published by Eurostat revealed that the annual Core CPI, which excludes volatile food and energy …
Read More »US: Annual Core CPI Edges Lower to 1.3% in February
Inflation in the US, as measured by the Consumer Price Index (CPI), arrived at 0.4% on a monthly basis in February and matched analysts’ estimate. On a yearly basis, the CPI rose to 1.7% as expected, the data published by the US Bureau of Labor Statistics showed on Wednesday.
Read More »Eurozone Preliminary CPI misses Estimates with 0.9% YoY in February
According to Eurostat’s initial reading of the Eurozone CPI report for February, European Consumer Price Index (CPI) came in steady at 0.9%. This annual reading is missing the estimation of 1%. The core reading rose by 1.1% annually in same period when compared to the estimated reading of 1.1% and …
Read More »Eurozone Final CPI Meets Estimates with 0.2% MoM in January
According to Eurostat’s final reading of the Eurozone CPI report for January, the consumer prices came in at 0.9% YoY, meeting the expectation. While the core figures rose by 1.4% vs +1.4% last and +1.4% expected. On a monthly basis, the bloc’s CPI figure for December accelerated by 0.2% versus …
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