US inflation surged in January at its highest level in four years, mainly on the recovery of the oil prices.
The consumer price index (CPI) jumped by 0.6% in January from the previous month and twice as much as economists’ forecasts.
inflation
Japanese inflation data – January 27th 2017 07:15 (GMT+1)
Japanese inflation data released today
The core price index of consumer goods in December decreased by 0.2% compared to the same period in the previous year.
This indicates still on the state of deflation, which Japan finds it difficult to leave in three decades, but in November the index fell by 0.4% and we can see a change of trend in December.
Economists were expecting the index will drop by 0.3%.
The inflation rate in Japan is much farther away from the target of 2% set by the country’s central bank.
US inflation – January 18th 2017 13:30 (GMT+1)
US inflation climbed in 2016 at the fastest pace in five years, by 2.1%.
This is the biggest rate of increase since 2011, when the inflation climbed by 3%.
Market News Briefing – December 13th 2016 09:30 (GMT+1)
U.K. inflation accelerates to highest of more than two years, since October 2014, when it stood at 1.3%.
UK inflation rose to 1.2% in November, up from 0.9% in October, as measured by the Consumer Prices Index.
Market News Briefing – November 30th 2016 10:30 (GMT+1)
The level of inflation in the Euro zone stood at 0.6% in November, in line with expectations.
This is the highest inflation rate recorded since April 2014.
Zone target set by the European Central Bank are still far away, a little below 2%.
Market News Briefing – November 21st 2016 07:30 (GMT+1)
The trading in most Asian markets is rising at the start of the new trading week, at the background of the strengthening the US dollar since the election of Donald Trump for president of the United States two weeks ago,
There are expectations in the market that Trump will lead an economic policy that will lead to a rise in inflation in the US.
Market News Briefing – November 17th 2016 14:00 (GMT+1)
The US inflation data released today indicate the sharpest increase in the CPI in the US for six months.
The increase was recorded mainly due to increased fuel prices and rents, and it seems that the Fed was waiting for those data to be able to start raising the interest rates again in December – a year after it raised last time.
According to Labor Department data, the US consumer prices in October rose by 0.4% compared to September, and at an annual rate of 1.6%.
This is the sharpest annual increase since October 2014.
In September, the index increased by 0.3%
Another statistic that may delay the interest rate in the US is the core inflation, the CPI excluding energy and food, which is the main measure pursued by the Federal Reserve.
The core’s inflation rose in October by 0.1% compared to September, and the annual core inflation rate slowed to 2.1% compared to 2.2%.
Market News Briefing – Oct. 18th 2016 11:00 (GMT+1)
The inflation in the UK jumped to 1%.
This is the highest annual inflation rate since November 2016.
Market News Briefing – Oct. 14th 2016 08:00 (GMT+1)
The Asian stock markets trade today is conducted mainly by rising prices at the background of weakening the Japanese yen against the US dollar, after inflation data in China were better than the economists’ expectations and managed to allay the concerns of investors regarding the performance of the world’s second largest economy.
Market News Briefing – Oct. 14th 2016 07:45 (GMT+1)
The trading on the stock exchanges of Wall Street closed yesterday with a negative trend after a sharp fall in exports from China raised concerns about the strength of global economic growth.
The trading also took place at the backdrop of unemployment and inflation data released in the US.
On a daily summary, the S&P 500 closed down by 0.3%, after having fallen during trading by 1.1% to a low of three months.
The Dow Jones retreated by 0.2%, the Nasdaq lost 0.5%.
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