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Economics Gazette

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December 15, 2018


US inflation

US inflation accelerates in March 2018

The US inflation accelerates in March with the fastest pace since more than an year, providing the Federal Reserve’s speed in anticipation of a further increase in interest rates over the year. The core consumer price index, excluding unstable food and energy prices, reported an increase of 2.1% in March on an annual basis. For

Haruhiko Kuroda

Haruhiko Kuroda is optimistic about Japanese inflation

The Governor of the Japanese Central Bank Haruhiko Kuroda stressed that he was determined to maintain a massive program of incentives, although he was optimistic about achieving the 2% inflation target. Haruhiko Kuroda said the Japanese economy will continue to grow moderately, as rising household incomes lead to a gradual increase in consumption. “With productivity

German industrial production

German industrial production shrank surprisingly in February 2018

German industrial production shrank surprisingly in February, according to official statistics of Destatis. These data are a signal to weaken the good upward momentum of Europe’s leading economy in the new year. The German industrial production declined by 1.6% in February compared to the previous month, when it recorded an anemic growth of 0.1% and

Turkish economy

Turkish economy overheats

The Turkish economy overheats and this could be just as much a problem for President Recep Tayyip ErdoŠ³an as for the country’s creditors. The Turkish president needs guarantees that there will be no economic difficulties threatening his chances in the next election. The TRY is bending under the weight of the growing current account deficit

Benoit Coeure

Trade wars already starts affecting the economy

The fear of trade wars, triggered by US ideas on import duties for Chinese goods, is already affecting the development of the economy. The fears affect borrowing costs and stock prices, Benoit Coeure, a member of the European Central Bank (ECB). “None of this supports economic growth or employment”, said he. “The effect of anticipated

UK construction

UK construction activity declines in March 2018

The snowstorm that hit Britain at the end of February and the beginning of March contributed to the fastest decline in construction activity on a monthly basis since the Brexit referendum in June 2016. Unusually bad weather led to a decline in the PMI in construction from 51.4 points in February to 47.0 in March,

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,

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