Saturday , November 18 2017

Tag Archives: Inflation

Inflation eases to 2.8 pct y/y in May; core rises to 3.0 pct

Inflation in consumer prices eased to 2.8% year-on-year (y/y) in May, mainly due to softer food inflation. Core inflation (which excludes food prices) came in marginally higher at 3.0% y/y during the same period. We expect annual average inflation in 2016 to moderate to 3.0% compared to 3.3% in 2015, …

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Turkey cbank seen cutting rates by 50 bps – Inflation at 3-yr low

ISTANBUL, June 17, (RTRS): Turkey’s central bank is expected to lower the top end of its interest rate corridor for the fourth straight month next week, a Reuters poll showed, as inflation stays near a three-year low and after the US Fed reined in its projection for rate hikes. All …

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Introduction of VAT will increase inflation

CFA Society Emirates, the association for financial and investment professionals in the UAE, has today unveiled the results of a survey which assessed the impact of introducing Value Added Tax (VAT) across the GCC. The survey provided market insights from CFA members and charterholders in the United Arab Emirates. With …

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Inflation eases to 2.9% on slowdown in food prices

Inflation in consumer prices eased to 2.9% year-on-year (y/y) in April, on the back of a slowdown in food inflation. Core inflation (which excludes food prices) was slightly higher at 2.9% y/y, as inflation in the clothing & footwear and furnishings segments continued to gather some pace in April. Inflation …

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Inflation retreats to 3.1 pct in February

Inflation in consumer prices eased in February on the back of a slowdown across most components. Headline inflation eased from 3.3 percent year-on-year (y/y) in January to 3.1 percent in February. Core inflation (which excludes food costs) also edged slightly lower to 2.7 percent y/y during the same period. We …

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Inflation expected to average 3.3% in 2015

Inflation in consumer prices came marginally lower in November, easing from 3.2% year-on-year (y/y) in October to 3.1% y/y, as inflation in most components was either unchanged or remained steady. Core inflation (which excludes food inflation) also eased slightly, from 2.9% y/y to 2.8% during the same period. Subsequently, annual …

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Japanese inflation ticks up in November, but spending weak – Glimmer of hope for Tokyo’s bid to conquer deflation

TOKYO, Dec 25, (AFP): Japan’s inflation rate ticked up in November, posting the first gain in five months, official data showed Friday, but still-weak household spending weighed on the world’s number three economy. The tepid figure — a 0.1 percent gain in core inflation excluding volatile fresh food prices — …

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Inflation rate ticks higher at 3.2% in October

Inflation in consumer prices was just a tick higher in October, rising from 3.1% year-on-year (y/y) in September to 3.2% y/y. Inflation across most components remained broadly stable; clothing & footwear inflation appears to have gained the most momentum on a month-on-month basis. Core inflation (which excludes food items) also …

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US retail sales, wholesale inflation rise in November – Producer prices increase 0.3 pct in Nov

WASHINGTON, Dec 11, (Agencies): A gauge of US consumer spending rose solidly in November, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first time in nearly a decade. Other data on Friday showed producer prices increased last month as services …

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Kuwait ‘August’ Inflation At 3.8%

KUWAIT CITY, Sept 29, (RTRS): Kuwait’s statistics office reported the following August consumer price data on Tuesday, showing inflation at its highest since at least April 2012, when the current data series began. Kuwait Consumer Inflation 08/15 07/15 08/14 pct change month/month 0.3 0.1 0.1 pct change year/year 3.8 3.6 …

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