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Showing 101 - 110 of 218 results for "CPI inflation"

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... in the three months to July but inflation - both headline and core - remained above the BOE's 2% target. Headline CPI inflation accelerated to 3% in the year to September - the fastest rate since April 2012 - from 2.9% in the previous month. Core inflation ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... monetary policy direction...or so the headlines say. I say what the? Because of several reasons: 1. The September CPI inflation numbers are widely acknowledged to be distorted by the Hurricanes Harvey and Irma. Sure enough, the annual headline CPI inflation ...

Confidence up but will consumers shop?

BENJAMIN ONG  |  THURSDAY, 12 OCT 2017
... end-June 2017 - and whatever purchasing power consumers have is being eroded by inflation - the annual headline CPI inflation rate was 1.9% in the June 2017 quarter. Besides, it remains to be seen if this one-month improvement in consumer sentiment could ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... continues to be absorbed as evidenced by accelerating growth in wages. How soon this will show up in the measured CPI inflation stats remains to be seen but is giving credence to the Fed's view of the transitory nature of low inflation, making the telegraphed ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... surprising given the sluggish trend in wages - up only 1.9% in the year to the June 2017 quarter. Factor in headline CPI inflation of 1.9% over the same period and we get... nada, zilch, bupkis growth in real wages. Yes Virgina, we're working just to ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... excluding bonuses grew by 2.0% in the year to May. This translates to negative real wage growth whatever measure of CPI inflation is used. The consequence of this negative real wage growth has been documented in the 'IHS Markit Household Finance Index ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at 1.8%. You, I and Irene can torture the CPI inflation data all we want but the figures show that, at best, inflation has stabilised and that based on the latest numbers, both headline ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... excluding bonuses grew by 2% in the year to May. This translates to negative real wage growth whatever measure of CPI inflation is used. The consequence of this negative real wage growth has been documented in the 'IHS Markit Household Finance Index ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... retail spending peaked in January 2017 - headline at 5.6% (yoy) and core at 5.4%. So has US inflation. Headline CPI inflation peaked at 2.5% in the year to January 2017; core inflation at 2.3% in the same month. The subsequent rate hikes in December ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... in the first half of 2018. Reason perhaps why the BOC is not taking chances despite slowing inflation - headline CPI inflation eased to 1.3% in May from 1.6% in April; core CPI inflation eased to 0.9% from 1.1%. Besides, "the factors behind soft inflation ...