Tag Archives: inflation

Official data showed that the rate of inflation in Britain rose more than the rate targeted by the Bank of England in June to reach 2.5%, compared to 2.1% in May. Economists polled by Reuters had expected the consumer price index to stand at 2.2% in the 13 months to …

Inflation in the US, as measured by the Consumer Price Index (CPI), jumped to 5.4% on a yearly basis in June from 5% in May, the data published by the US Bureau of Labor Statistics revealed on Tuesday. Excluding volatile food and energy prices, the core CPI rose 4.5%, the …

Inflation in Germany, as measured by the Consumer Price Index (CPI), edged lower to 0.4% (preliminary) on a monthly basis in June from 0.5% in May, the data published by Destatist showed on Tuesday. On a yearly basis, the CPI declined to 2.3% from 2.5%. Both of these readings came …

A survey showed that German consumer sentiment improved more than expected as July approached as consumers became more optimistic and wanted to buy after Europe’s largest economy lifted public isolation measures amid a significant drop in coronavirus infections. The GFK institute said its consumer sentiment index, based on a survey …

The German Interior Ministry said today, Thursday, that it will allow entry to people from outside the European Union from June 25, provided that they receive the full dose of the vaccine against the Coronavirus unless their countries are included in the list of regions where new strains of the …

Inflation in Britain unexpectedly jumped, exceeding the target of the Bank of England in May, reaching 2.1%, in the context of the rise in prices after the end of the general isolation measures from Corona, which is expected to gain momentum. This acceleration of the consumer price index after recording …

The recent surge in consumer inflation in the United States is likely to be temporary, as recent remarks by the Federal Reserve officials indicated prior to the release of last month’s reading of the consumer price index (CPI) which rose 5% on an annual level. The inflation rate, which exceeded …

There were 376,000 initial claims for unemployment benefits in the US during the week ending June 5, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in weaker than the market expectation of 370,000 and followed the previous print of 385,000.

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 …

Eurozone inflation rose above the European Central Bank’s target in May, highlighting a challenge for policymakers who may accept higher prices for now but may face a backlash from angry consumers. Inflation in the 19 countries that deal in the euro accelerated to 2% in May from 1.6% in April, …