Tag Archives: inflation

Euro benefited, Wednesday, from a boost due to the USD’s weakness after positive comments on inflation by the European Central Bank’s chief economist.Euro/USD rose to 1.1814 compared to 1.1804, on Tuesday. The pair fell to a trading day low of 1.1799 versus a high of 1.1832.“The pandemic emergency asset purchase …

Britain’s inflation rate hit its highest level in more than nine years last month after the biggest monthly jump to the annual rate in at least 24 years, in large part due to an extraordinary increase due to a program to cut food prices last year. Consumer prices rose 3.2% …

The US inflation data was released moments ago, and the markets waited for this data strongly to determine whether the inflation rate is exacerbating or is still under control, and these data are currently used to pressure the US Federal Reserve to announce the start of tightening its monetary policy …

According to the preliminary estimate published by Destatist on Monday, consumer inflation in Germany, as measured by CPI, decelerated sharply in August and remained flat as compared to the 0.9% rise recorded in the previous month. On a yearly basis, the CPI edged higher to 3.9% from 3.8% in July.

According to Eurostat’s final reading of the Eurozone CPI report for July, the consumer prices came in at 2.2% on a yearly basis, meeting 2.2% expectations. While the core figures rose by 0.7%. Month-on-month inflation in the region fell 0.1%, in line with the median forecast of economists polled by …

British inflation slowed faster than expected in July, according to official data released on Wednesday, August 18, to 2% on an annual basis, compared to 2.5% in June. Economists polled by Reuters had expected inflation for July to be 2.3%. Official data showed that the rate of inflation in Britain …

The Bank of Mexico announced on Thursday that it has decided to raise its key interest rate by 25 basis points to 4.5%. The move, which only three of the five board members voted in favor, aims at combating increasing inflationary pressures. Two other board members voted to maintain interest …

Inflation in the US, as measured by the Consumer Price Index (CPI), stayed unchanged at 5.4% on a yearly basis in July, the data published by the US Bureau of Labor Statistics revealed on Wednesday. This reading came in slig

The July reading of the U.S. Consumer Price Index (CPI) is set to be released on Wednesday, with expectations for another surge in the inflation rate. A recent survey by the Wall Street Journal expects that the reading of the CPI will register a monthly increase of 0.5% with core …

Inflation in Germany, as measured by the Consumer Price Index (CPI), jumped to 0.9% (preliminary) on a monthly basis in June from 0.4% in May. On a yearly basis, the CPI rose to 3.8% from 2.2%. Both of these readings came in higher than market expectations.