Posts Tagged ‘consumer price index’

Chinese Consumer Prices Hit Four-Month Highs on Food Costs

by Christopher Lemieuxon June 10, 2014 4:42 am BST
Chinese inflation in May increased at the fastest pace in four months on higher food prices. According to the state statistics bureau, consumer prices climbed 2.5 percent year-over-year. Economists were forecasting an increase from 1.8 percent in April to 2.4 percent, a tenth-percent lower than the actual print. The Chinese government has an inflation target of […]

Eurozone Inflation Drops Ahead of ECB Meeting, Euro Steady

by Christopher Lemieuxon June 3, 2014 12:32 pm BST
Inflation in the eurozone dropped more than expected in May. Consumer prices fell .2 percent to .5 percent, while analysts were expecting the rate to remain at .7 percent. The drop in the eurozone flash consumer price index (CPI) will put additional pressure on the European Central Bank (ECB) to react through additional stimulus measures, […]

Japanese Consumer Spending Deteriorates, IMF Wants More Reforms

by Christopher Lemieuxon May 30, 2014 12:57 pm BST
The Bank of Japan (BoJ) may be optimistic that the three percent tax hike last month will not deter consumer spending, but April’s consumer spending and production figures came in less than expected. Questions about the longevity of Japan’s growth spurt still remain to be answered. The International Monetary Fund (IMF) wants to see even […]

Sterling Modestly Higher After CPI Data

by Christopher Lemieuxon May 20, 2014 10:30 am BST
Sterling is modestly higher against the greenback after data shows that inflation in the United Kingdom picked up more than forecasted, ticking up higher to 1.8 percent versus analyst expectations of 1.7 percent. Core inflation, year-over-year, increased to two percent, moving up .4 percent from the previous month and .2 percent higher than estimates. The […]