- Tuesday, 13 June 2017
- News
UK CPI increased to 2.9%
UK consumer prices were reported by the Office for National Statistics (ONS) at 04:30 ET and the data showed prices rose 0.3% in May compared with an expected increase of 0.1% for the month. The year-over-year inflation rate increased to 2.9% from 2.7%, above consensus forecast for an unchanged reading at 2.7%. At 2.9%, the annual rate of inflation rose to a 4-year high in May. The ONS reported that food, energy and recreational costs helped increase the inflation rate.
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- Friday, 09 June 2017
- News
China's CPI increased by 1.5%
China's economy is likely to have remained on a stable footing in May, buoyed by solid gains in trade and investment as economic ties with the United States take a positive turn and infrastructure spending cushions domestic growth. A Reuters poll of indicators from trade and industrial output to loans and property investment, is expected to show that economic growth held up nicely into the second quarter, defying worries of a sharp slowdown. Beijing has curbed lending to avert bubbles and debt risks, but tougher regulations have raised concerns the measures could go too far and hurt growth.
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- Thursday, 11 May 2017
- News
US PPI rose more than expected
The Producer Price Index for final demand advanced 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices edged down 0.1 percent in March and climbed 0.3 percent in February. On an unadjusted basis, the final demand index rose 2.5 percent for the 12 months ended April 2017, the largest increase since moving up 2.8 percent for the 12 months ended February 2012.
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- Wednesday, 10 May 2017
- News
China's CPI increased by 1.2%
Chinese consumer prices rose unexpectedly in April compared to a month ago, a sign the recent surge in producer inflation was beginning to trickle down to the consumer level. Beijing’s official consumer price index (CPI) edged up 0.1% from March, after falling 0.3% the previous month, the National Bureau of Statistics said in a report on Wednesday. Analysts in a median estimate called for no change compared to March. Compared to a year ago, CPI inflation climbed 1.2%, following a 0.9% increase the previous month.
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