By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer prices likely accelerated to a more than 41-year high in January, a Reuters poll of 19 economists showed, reflecting companies’ will …
Inflation,
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Rural recovery may drive next bout of India inflation, HSBC economists
by Reutersby ReutersMUMBAI (Reuters) – The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC Securities and …
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Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
by Reutersby ReutersBy Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank …
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Israel inflation rate edges up to 5.4% in January, highest since 2008
by Reutersby ReutersJERUSALEM (Reuters) – Israel’s inflation rate hit a 14-year high in January, rising 5.4% over the prior 12 months, the Central Bureau of Statistics said on Wednesday. The rate was …
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By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Just like that, euphoria in the world’s biggest bond markets has evaporated as signs that inflation is unlikely to ease as …
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Big subsidies and debt not solution to U.S. inflation act – German finance min
by Reutersby ReutersHELSINKI (Reuters) – Large subsidies and debt are not the right response to the U.S. Inflation Reduction Act, which should instead be an opportunity to reconsider the framework conditions for …
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(Reuters) – Spanish consumer prices rose 5.9% in the 12 months through January, up from 5.7% in the period through December, pushed up by, among other things, higher fuel and …
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ATHENS (Reuters) – Greece’s annual EU-harmonised consumer prices slowed to 7.3% in January from 7.6% in December, easing to its lowest level since February last year, data showed on Wednesday. …
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Euro zone inflation could fall faster than thought, ECB’s De Cos says
by Reutersby ReutersMADRID (Reuters) – Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight labour market …
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Brazil monetary council will not discuss inflation targets -minister
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the National Monetary Council, the government’s top economic policy body, will not discuss changing inflation targets at its …
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Colombia’s central bank may need more rate hikes depending on inflation -IMF
by Reutersby ReutersBOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation in Latin America’s fourth-largest economy behaves, the International Monetary Fund …
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Inflation Stays Hot In January, Surging Past Investor Expectations
Inflation Stays Hot In January, Surging Past Investor Expectations John Hugh DeMastri on February 14, 2023 Inflation accelerated on a monthly basis in January, surging past investor expectations as prices …
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(Reuters) – A tightening of monetary policy by the Federal Reserve results in a reduction in rent inflation albeit at a slow pace, according to a San Francisco Fed analysis …
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Argentina inflation hopes already look hard to reach, poll shows
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s aim to bring monthly inflation down to under 4% by April seems a tough task, according to a poll of analysts by …
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Euro zone governments will be net losers from high inflation, ECB says
by Reutersby ReutersFRANKFURT (Reuters) – Rapid euro zone inflation will weigh on public finances over time, a European Central Bank (ECB) study showed on Monday, confounding some views that governments might benefit …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. World markets this week will be dominated by U.S. inflation figures on Tuesday, …
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India retail inflation likely rebounded to 5.9% in Jan: Reuters poll
by Reutersby ReutersBy Madhumita Gokhale BENGALURU (Reuters) – Higher food prices likely nudged up India’s annual retail inflation last month from a 12-month low in December, but it stayed within the Reserve …
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SEOUL (Reuters) – South Korea’s finance minister reaffirmed on Friday his view that consumer prices would ease around the April-May months, a week after data showed the country’s annual inflation …
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Brazil minister denies knowledge of plan to raise inflation target
by Reutersby ReutersBRASILIA (Reuters) – Brazilian Institutional Relations Minister Alexandre Padilha said on Thursday he was unaware of any discussion within the government about raising the inflation target despite media reports that …
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U.S. Treasury’s Yellen: inflation remains elevated but there are encouraging signs
by Reutersby ReutersBy David Lawder and Kanishka Singh SPRING HILL, Tenn./WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that while inflation remained elevated, there were encouraging signs that supply-demand …
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By Howard Schneider WASHINGTON (Reuters) – Inflation seems poised to continue slowing this year but the U.S. central bank’s battle to reach its 2% target “might be a long fight” …
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ECB’s Knot sees big May rate hike if core inflation doesn’t fall: MNI
by Reutersby ReutersFRANKFURT (Reuters) – The European Central Bank may extend its streak of large interest hikes into May if core inflation doesn’t ease by then, ECB policymaker Klaas Knot said on …
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Indian households’ inflation expectations moderating – RBI’s Jan survey
by Reutersby ReutersMUMBAI (Reuters) – Indian household’s inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of …
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Iceland’s central bank raises key rate as inflation outlook worsens
by Reutersby ReutersCOPENHAGEN (Reuters) – Iceland’s central bank raised its key policy interest rate by half a percentage point to 6.5% on Wednesday, its first rate hike in 2023, and warned of …
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Bank of Mexico 25 basis points hike expected amid forecast inflation rise: Reuters poll
by Reutersby ReutersBy Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to a record 10.75% on Thursday, amid a forecast increase in …