Displaying items by tag: cpi

Tuesday, 16 June 2015

News

Sterling down after disappointing PPI figures

The Consumer Prices Index rose by 0.1% in the year to May 2015, compared with a 0.1% fall in the year to April 2015. This was in line with market expectations. The largest upward contribution to the change came from transport services, notably air fares with the timing of Easter in April a likely factor in the movement. There were also significant upward effects from food and motor fuels.The largest offsetting downward effect came from recreation and culture, particularly games, toys and hobbies and data processing equipment. Read more...

Tuesday, 02 June 2015

News

Euro area inflation increased for the first time in five months

Euro area annual inflation is expected to be 0.3% in May 2015, up from 0.0% in April, according to a flash estimate from Eurostat. Analysts were anticipating increase to 0.2%. This is the first time, after five months that Eurozone inflation recovered from deflation area, indicating that ECB monetary measures are showing real results.

Euro higher in a less eventful European part of the session

It is a steadier European part of the session, without major data releases and with euro edging higher ahead of US figures. Few moments ago Final Eurozone CPI figures were released. Euro area annual inflation was -0.1% in March 2015, up from -0.3% in February, in line with prelim reading.

Eurozone inflation down by 0.6%

Euro area annual inflation is expected to be -0.6% in January 2015, down from -0.2% in December 2014. Analysts were anticipating 0.5% decline. This negative rate for euro area annual inflation in January is driven by the fall in energy prices (-8.9%, compared with -6.3% in December).

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Sterling down after disappointing PPI figures

Euro area inflation increased for the first time in five months