Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 24 results for "HICP"

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... 52.7 in speed (50.0 level). Similarly, the progress achieved with regards to inflation in late 2018 has reversed. Eurozone HICP inflation slowed to 1.6% in December 2018 from 1.9% in November and a peak of 2.2% in October. Core inflation remained at ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
... growth is on the downside. Not only this, the ECB staff also revised lower their inflation forecasts for the coming year - HICP inflation at 1.6% in 2019; ex- energy at 1.5%; ex- energy and food at 1.4%; ex- energy, food and changes in indirect taxes ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... risks are responsible for the ECB to keep its inflation forecasts unchanged at 1.7% in 2018, 2019 and 2020 despite the latest HICP inflation reading of 2% in August. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... near...very near. This is underscored by the revised inflation projections from the Eurosystem staff. It lifted the annual HICP inflation projections sharply to 1.7% for both 2018 and 2019 (from 1.4% predicted for both years in the March quarter projections). ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... inflation remains below target and is forecasts to remain so over the coming years. The December staff projections place HICP inflation at 1.5% in 2017, 1.4% in 2018, 1.5% in 2019 and 1.7% in 2020. As the ECB stressed in its December 2017 monetary policy ...

Eurozone low-flation to 2020

BENJAMIN ONG  |  WEDNESDAY, 20 DEC 2017
Final estimates of Eurozone HICP (harmonised index of consumer prices) inflation added credence to the European Central Bank's (ECB) most recent forward guidance indicating that euro area interest rates will remain on ice until at least the third quarter ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... the September 2017 ECB staff macroeconomic projections, the outlook for real GDP growth has been revised up substantially." HICP inflation projections have also been lifted -- "mainly reflecting higher oil and food prices" -- to 1.5% in 2017, 1.4% in ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... monetary policy statement: "Compared with the June 2017 Eurosystem staff macroeconomic projections, the outlook for headline HICP inflation has been revised down slightly, mainly reflecting the recent appreciation of the euro exchange rate." And in the ...

Low-flation at the core

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
... subdued" - 0.9% in December, January and February. Ergo, the "Governing Council will continue to look through changes in HICP inflation if judged to be transient and to have no implication for the medium-term outlook for price stability". The ECB's forward ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... in 2016, 1.7% in 2017 (unchanged from March) and 1.7% in 2018 (down from 1.8% predicted in March). Staff projections for HICP inflation is for 0.2% this year (up from 0.1% foreseen in March), 1.3% next year and 1.6% in 2018 - both unchanged from its ...