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Economics Gazette

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August 23, 2019

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Eurozone inflation

Eurozone inflation accelerates sharply in March

The Eurozone inflation rate is expected to accelerate sharply in March after several months of slowdown, reaching 1.4%, compared with 1.1% in the previous month. This is the preliminary estimates of the European Statistical Office Eurostat. The Euro rose slightly to 1.2293 USD shortly after publication of the data. Unlike the trend in recent months,

japan core inflation

Japan’s core inflation reached 1% in February 2018

Japan’s core inflation reached 1% in February 2018 for the first time in three and a half years, which is a tentative signal for progress by the Central Bank, which is targeting inflation rate of 2%. The 14th consecutive increase in consumer prices follows a 0.9% growth in January, according to data from the interior

UK consumer price

UK consumer price inflation slowed down in February 2018

The UK consumer price inflation slowed down in February 2018, following the dropping oil prices and slower food expenditure growth. The country’s inflation slowed down from 3% to 2.7%, which is the lowest level since July 2017. The fall in prices alleviates the pressure on the Central Bank to raise key interest rates. There is

target inflation

Central banks in search of target inflation

Since many central banks fail to meet their inflation targets, some are already considering changes to the tools they use to manage the course of the economy. Norway’s decision to lower its inflation target is the final example, but the northern state actually followed similar reactions from Sweden and Argentina, as well as the Eurozone.

Eurozone inflation

Eurozone inflation continues to slow down in February 2018

Eurozone inflation continues to slow down in February, reaching a 14-month low on a monthly basis. The consumer prices rose by 1.1% in the second month of the year, up from 1.3% in the previous month, according to Eurostat’s latest data. Compared to the same period last year, there is also a serious slowdown, with

US consumer price

US consumer price index in February kept its pace growth

The US consumer price index in February has kept its pace growth, indicating that inflation is creeping toward the Fed’s target, and probably will not cause interest rates to grow faster than expected. The core US inflation, which is excluding volatile components such as food and energy, in February accelerated by 1.8% yoy, remaining unchanged

Global inflation

Global inflation is stagnating in January 2018

The inflation in the largest economies in the world remains unchanged for the third consecutive month in January but is slowing down in rich countries, according to OECD data. The accelerating global economic growth in 2017, which is likely to continue this year, has prompted many investors to expect inflation to grow faster and, as

US inflation

The US inflation continues its acceleration

The consumer spending in the United States increased by 0.2% in January on the background of higher earnings, driven by the tax cuts. At the same time, the consumer prices jumped by 0.3%, which is the biggest increase in 12 months. The Ministry of Commerce reported that a slight rise in spending followed an increase

Norway inflation

Norway lowered the inflation target to 2%

The Norwegian government lowered the central bank’s inflation target to 2%, which caused raising the value of the local currency. In this way, the country changed its policy in line with its key partners by refraining from reaching a 2.5% inflation rate of 17 years ago. “Setting the inflation target should be perspective and flexible,

German inflation

German inflation slows more than expected in February

German inflation slows more than expected in February to its lowest level in the last 15 years. According to the preliminary data of the Federal Statistical Office, it will accelerate by 1.4% this month. This is slightly above expectations of analysts for 1.3%. This is also the lowest value since November 2016. The Harmonized Consumer

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