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Economics Gazette

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February 21, 2018

CPI

US production prices

US production prices returned to growth

Producer prices for US final demand rose in January with 0.4% mom, following the expectations on the market. The increase is due to higher fuel and health costs. The service prices reported a 0.3% growth in January, as the commodities rising by 0.7%. The main producer prices (excluding energy and food prices) rose by 0.4%

US consumer prices

US consumer prices rose by 2.1% yoy in January 2018

The US consumer prices rose by 2.1% yoy in January, keeping their level in December, but the increase was above market expectations for growth of 1.9%. The calming of fuel and electricity prices was offset by higher food and medical services. The monthly inflation rises to 0.5% according to seasonally adjusted data. An annual rise

UK inflation

UK inflation remains at 3% in January 2018

UK inflation remains at 3% yoy in January, close to a 6-year high peak in November 2017. The CPI is pretty high and surprised economists, who expects to slow down to 2.9%. Last week, the Central Bank of England signaled that interest rates could be raised faster and more than expected, with inflation targeting close

Europe inflation

European inflation can bring surprises

The uncertain wage growth on both sides of the Atlantic Ocean focuses investors on a major risk to the financial markets: what if the strong recovery has led to higher inflation? So far, there are fewer signs of renewed price pressure in the Eurozone than in the US, despite the accelerated economic growth. But according

Japan Abenomics

Japan is not yet ready to declare the end of deflation

Japan is not yet ready to declare the end of deflation, revealed the Prime Minister Shinzo Abe. “The price growth in Japan is still not strong enough”, Abe said during a parliamentary hearing confirming the importance of maintaining the current exchange rate. The Prime Minister’s statements were also highlighted by the Governor of Bank of

Production prices

Eurozone production prices rose in December 2017

The Eurozone production prices in December 2017 rose by 0.2% on a monthly basis, shows the latest data from the European Statistical Office Eurostat. In the European Union (EU) as a whole, the increase is 0.1%. In November, producer price growth both in the Eurozone and in the EU was much faster than in the

German inflation

German inflation slows down in January

The German inflation slows down in January on an annual basis to 1.6%, down 1.7%, according to a preliminary estimate of the German Federal Bureau of Statistics. On a monthly basis Germany report a deflation of 0.7% against a preliminary expectations or negative inflation of 0.5%. By comparison, in December, consumer prices rose by 0.6%.

Eurozone inflation

Eurozone inflation rate slows slightly in January

The Eurozone inflation rate is expected to slow slightly in January to 1.3% from the previous month when it was at 1.4%, according to the preliminary estimates of the European Statistical Office Eurostat. Despite a slight slowdown, however, the growth remained above expectations of analysts predicting the rise in prices was 1.2%. The Euro depreciated

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