Official data revealed on Wednesday that UK inflation rose more than expected in December as transport costs such as airline tickets pushed it higher. The Office for National Statistics said the consumer price index rose 0.6% year-on-year after a 0.3% increase in November. A Reuters poll of the opinions of …
Read More »US CPI Preview
On the US calendar today, the US consumer inflation numbers for December are due at 13:30 GMT. The headline CPI is expected to rise by 0.4% from 0.2% in November and on an annual basis, it is expected to rise to 1.3% versus 1.2% previously. As for the core CPI …
Read More »Germany: Annual HICP Unchanged at -0.7% in December
Inflation in Germany, as measured by the Consumer Price Index (CPI), was 0.5% in December, Destatis reported in its flash estimate on Wednesday. This reading followed a 0.8% decline in November but missed the market expectation of 0.5%. The annual CPI stayed unchanged at -0.3%.
Read More »Britain Inflation Eased in November
Official data revealed that inflation in Britain slowed more than expected in November, which may reflect the Black Friday discounts, with the price of clothes and shoes falling at the highest rate in ten years. The Office for National Statistics said consumer prices rose 0.3% year-on-year after rising 0.7% in …
Read More »Consumer Prices in The Eurozone Fell More Than Expected in November
A preliminary estimate from the European Union statistics office Eurostat showed that consumer prices in the euro area fell more than an expected year on year in November, weighed by a sharp drop in energy costs. Eurostat said that inflation in the 19 euro-zone countries registered -0.3% on an annual …
Read More »Germany: Annual HICP declines to -0.7% in November
Inflation in Germany, as measured by the Consumer Price Index (CPI), was -0.8% November, Destatis reported in its flash estimate on Monday. This reading followed the 0.1% increase seen in October and missed the market expectation of -0.7%. Further details of the publication revealed that theHarmonized Index of Consumer Prices …
Read More »Germany: Annual HICP Drops to -0.4% in September
Inflation in Germany, as measured by the Consumer Price Index (CPI), was 0.1% (preliminary) in October, the data published by Destatis showed on Thursday. This reading followed September’s print of -0.2% and came in higher than the market expectation of 0%. On a yearly basis, the CPI stayed unchanged at …
Read More »Eurozone Inflation is Negative Again at its Lowest Level in 4 Years
Inflation in the Eurozone fell to its lowest level in more than four years, falling further in the negative zone than expected in September and raising fears of a price deflation spiral due to the Covid-19 pandemic. The European statistics office Eurostat said in preliminary estimates that consumer prices in …
Read More »Germany: Annual HICP Drops to -0.4% in September
Inflation in Germany, as measured by the Consumer Price Index (CPI), was -0.2% (preliminary) in September, the data published by Destatis showed on Tuesday. This reading followed August’s print of -0.1% and came in lower than the market expectation of -0.1%. On a yearly basis, the CPI declined to -0.2% …
Read More »Eurozone Consumer Prices Drop in August
The European Union Statistics Office confirmed that consumer prices in Eurozone fell in August, driven by lower energy prices, but core inflation excluding those volatile elements also slowed sharply. The office said that inflation in the 19-nation Eurozone fell 0.4% month over month in August and fell to -0.2% year …
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