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Economics Gazette

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October 19, 2017

CPI

US consumer prices dollars

US consumer prices rose by 0.5% in September 2017

The US consumer prices rose by 0.5% in September 2017, which is the biggest growth in 8 months. The result is a reflection of a new strong appreciation of energy as a consequence of Hurricane Harvey, which shut down refineries along the Gulf Coast and pushed gasoline prices up across the country. The Labor Ministry

Japan consumer price

Japan consumer price index rose in August

Japan consumer price index rose in August for the eighth consecutive month. The figures show some progress towards the central bank’s 2% target, as the Japanese CPI rose at a faster pace. The Japan consumer price index increased by 0.7% yoy in August from 0.5% yoy in July, but still far from the central bank’s

Eurozone inflation

Eurozone inflation rate remained unchanged in September

Eurozone inflation rate remained unchanged in September at 1.5% mom, shows the preliminary estimates of the European Statistical Office Eurostat. The main push of consumer prices again comes from energy prices, although growth is slightly slowing down against August – from 4.0% to 3.9%. However, food, alcohol and tobacco prices accelerated sharply from 1.9% in

Consumer prices in Germany

Consumer prices in Germany rose lower than expected in September

Consumer prices in Germany rose lower than expected in September, while inflation remains under the European Central Bank (ECB) target. The data is backing the arguments that the central bank should gradually tighten its monetary policy. The harmonized index, which is used by the European institutions for a fair comparison with data from other Member

major food products

Nearly all major food products in Ukraine appreciated this year

The prices of nearly all major food products in Ukraine rose this year, according to the Ukrainian Association of Retailers. Since the beginning of the year, more than 90% of the products of social value have appreciated. According to statistics for the first eight months of the year, meat has risen sharply – prices of

US producer prices

US producer prices are rising in August 2017

The US producer prices are rising in August 2017, boosted by more expensive gasoline. The Producer Price Index rose by 0.2% on a monthly basis after declining 0.1% in July. On an annual basis, the US industrial inflation also accelerated from 1.9% in July to 2.4% in August. However, the results are below the economists

UK inflation

UK inflation accelerates more than expected in August

UK inflation accelerates more than expected in August and is again close to the psychological limit of 3%. The consumer prices grew by 2.9% yoy, compared with a 2.6% increase in July, according to data from the National Statistical Service. The acceleration of inflation is taking place against the backdrop of renewed currency devaluation, whose

Japanese production inflation

Japanese production inflation accelerated in August 2017

Japanese production inflation accelerated in August 2017, as the China’s strong demand is pushing up commodity prices. The production prices in Japan rose at the fastest pace on an annual basis for nearly nine years, fueling the hopes that consumer price inflation will accelerate, enclosing to the 2% target. Japanese production inflation accelerated to 2.9%

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