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Showing 11 - 20 of 69 results for "import prices"

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... 2%-3% target band. The Australian dollar isn't to blame. Its depreciation has (as expected) generated higher import prices. But businesses are unable to pass on the higher cost imports due to the high level of Australian household indebtedness and ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
... inflation is easing. America is not importing inflationary pressures. The Bureau of Labor Statistics reported that US import prices slowed to an annual rate of 3.5% in the year to September from 3.8% in August and 4.8% in July. Import prices would have ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... higher wages for their services than their true-blue counterparts. Barring exogenous factors (such as a lift in import prices or energy costs, etc.), low wages growth will keep domestic inflation in check and the RBA on hold.

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... Stronger consumer spending suggests that US businesses would be able to easily pass on higher costs to shoppers - US import prices increased by 3.6% in the year to March; producer prices rose by 3% over the same period - lifting overall inflation in ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... March update is released at the end of this month. More so given that other price measures have moved higher. US import prices increased by 3.6% in the year to March - the fastest rate since April last year - from 3.4% in the previous month. Inflation ...

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... eventually passed on to consumers. The Bloomberg US dollar spot index has weakened by 3.3% this year to date, sending import prices are rising. Import prices jumped 1% in the month of January, much more than market expectations for an already strong ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... oil prices. More generally, sustained above-target inflation remains almost entirely due to the effects of higher import prices following sterling's past depreciation. These external forces slowly dissipate over the forecast..." Still, because of relatively ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... versus the euro and 2.5% vis-a-vis the yen over the same period. Just as Sterling's past depreciation pushed up import prices that, in turn, flowed through into higher UK inflation, its appreciation is doing the reverse - UK import prices eased to 2.7% ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... (relative to major currencies) depreciated by 8.6% last year and is 1.4% lower this year to date - that would prop up import prices and eventually feed through into higher inflation overall. All these provide an upside risk to the Fed's growth and inflation ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... - but the British central bank expects this to ease slowly to around 2.5% by mid-2018 "as the contribution from import prices fell back" before heading down "towards the 2% target in the medium term". What may have not been expected was the People's ...