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Showing 11 - 20 of 64 results for "core CPI"

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... challenge is inflation. Headline CPI inflation slowed to 0.3% in the year to August from 0.4% in the previous month. Core CPI inflation eased to 0.5% from 0.6% in July. With virtually stagnant prices and potentially lower ones in the future, consumers ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... inflation has moved further away from the 2% target - annual headline CPI slowed to 0.3% in August (from 0.5% in July) and core CPI weaker at 0.5% from 0.6%. Run, Kuroda, run... and run faster!

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... 1%-3% target. Headline CPI inflation eased to 1.5% in the year to the March quarter from 1.9% in the previous period. Core CPI inflation steadied at 1.5%. Congruent with the current unemployment-inflation dynamics of most other developed nations, the ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... underlying pattern of relatively strong household consumption growth but weak business investment has persisted" and "Core CPI inflation was 1.7% in May, and core services CPI inflation has remained slightly below levels consistent with meeting the inflation ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... time", saying: "That's something that central banks face all over the world." True that. The chart below shows latest core CPI inflation measures among the world's major economies remain below their stated 2.0% targets. While US core US CPI inflation ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... expectations for a lift to 1.6% and is the highest reading in five months (November 2018). Similarly, the preliminary measure of core CPI inflation - which excludes food, energy, alcohol & tobacco - jumped to 1.2% from 0.8% in the year the March. This ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... Britain's unemployment rate (3.9% in February) is at 45-year lows but inflation is closer to the 2% target (both headline and core CPI inflation stood at 1.9% in the year to March). Sterling's effective exchange rate has appreciated by 3% this ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... Japanese consumer prices. Headline CPI inflation slowed to 0.8 in the year to November from 1.4% in the previous month. Core CPI inflation eased to 0.9% from 1% in October. Should inflation continue to decelerate, Japanese consumers would instead save ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... inflation, the Fed's favoured inflation measure - the core PCE price index - stood at 1.9% in the year to November whereas the core CPI inflation stood at 2.2% over the same month. The positive correlation between these two measures and the lead from ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... opposite direction - the core PCE price inflation has eased to an annual rate of 1.8% in October from 2% in July; the core CPI inflation rate has slowed to 2.2% after peaking at 2.3% in July this year. And inflation expectations? They've dropped ...