US consumer prices rose in August by 0.2%.
This is a surprising result, given that the market expectations stood at 0.1%.
consumer price index
Market News Briefing – Sept. 14th 2016 09:00 (GMT+1)
The European stock markets are going up this morning, after yesterday they closed at the lowest level for more than a month.
FTSE rising by 0.2%, the DAX adds 0.2% and the CAC rising by 0.1%.
The statistics office in France reported that the consumer price index rose in August. The index in August rose by 0.3% compared to July, and compared with the corresponding month last year it increased by 0.2%.
The data was in line with expectations.
Breaking News – Aug 16th 2016 09:30 (GMT+1)
A rise of the UK inflation after the weakness of the pound
The UK inflation has risen sharply than expected in July.
The weakening of the British pound after the referendum, has made the imported products to be more expensive for local buyers.
The consumer price index in Britain rose last month by 0.6%, the sharpest rate since November 2014.
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