- Tuesday, 16 February 2016
- News
UK CPI rose by 0.3% in January
The Consumer Prices Index (CPI) rose by 0.3% in the year to January 2016, in line with market forecasts, compared with a 0.2% rise in the year to December 2015. This is the third consecutive month of small increases, with the rate in January 2016 being the same as it was in January 2015. The main contributors to the rise in the rate were motor fuels, and to a lesser extent food, alcoholic beverages and clothing. Air fare prices partially offset the rise in the rate, falling by more than they did a year ago. This followed a large increase in prices in December 2015.
Read more...- Tuesday, 19 January 2016
- News
UK CPI increased by 0.2%
- Friday, 15 January 2016
- News
U.S. Retail Sales down by 0.1%, PPI fell 0.2%
The U.S. Census Bureau announced that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $448.1 billion, a decrease of 0.1% from the previous month, and 2.2% above December 2014. This was in line with market expectations. Total sales for the 12 months of 2015 were up 2.1% from 2014. Retail trade sales were down 0.2% from November 2015, but up 1.6% from last year. Sporting goods, hobby, book and music stores were up 7.6% from December 2014 and nonstore retailers were up 7.1% from last year.
The Producer Price Index for final demand decreased 0.2% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices increased 0.3% in November and fell 0.4 percent in October. On an unadjusted basis, the final demand index fell 1.0% in 2015, after rising 0.9% in 2014. In December, the decrease in the final demand index can be traced to a 0.7% decline in prices for final demand goods. In contrast, the index for final demand services moved up 0.1%.
Euro is currently being traded around 1.0940 level, Sterling is few points above 1.4330 area, while Aussie is at 0.6870 level. Later today, Industrial Production and Consumer Sentiment figures are scheduled for a release.
Read more...- Tuesday, 15 December 2015
- News
UK CPI increased in line with market forecasts
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