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Showing 41 - 50 of 201 results for "headline inflation"

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... expected to decline back towards the target range of 2-3%," he said. "The central forecast for 2022 is for headline inflation of around 6% and underlying inflation of around 4.75%; by mid 2024, headline and underlying inflation are forecast to have moderated ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... growth in nominal wages is being eaten up by inflation. Growth in real wages - nominal wages growth (2.2%) less headline inflation (3.0%) -- remains at a negative 0.8%. You guessed it! Australian consumers would be spending less as their pay rises as ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... same day of the release, the US Bureau of Labor Statistics reported that remains on the up and up. The annual headline inflation rate increased to a 13-year high of 5.4% in September from 5.3% in the previous month, core inflation steadied at 4.0% but ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... up... until now. Figures from the Australian Bureau of Statistics (ABS) show that the country's annual headline inflation rate spiked to 3.8% in June from 1.1% in the March quarter. That's above the upper limit of the Reserve Bank of Australia's ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... fragile. Similarly, flash estimates of Eurozone inflation - core inflation eased to 0.9% in June form 1.0% in May; headline inflation slowed to 1.9% from 2.0% -- give that meat to Madam Lagarde's expectation that medium-term inflation will stabilise ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... Japan's inflation measures have improved slightly but remain far below the Bank of Japan's (BOJ) target. The headline inflation rate was better at minus 0.1% in the year to May from minus 0.4% in the previous month. The annual rate of core inflation ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... nearly 1 million gain (978,000 to be exact), but sold off three days later when the same agency revealed that headline inflation rose by 0.8% over the month of April - the biggest increase since June 2009 and four times above market expectations for ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... expected to turn positive and then increase gradually..." To be sure, latest data show that Japanese annual headline inflation remains in deflation (-0.4% in April from -0.2% in March) - the seventh straight month of falling prices. So does core inflation. ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline inflation... provided underlying price pressures are contained". As for fiscal policy, the OECD advises governments to continue income ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... pressures. Measured inflation in the UK has sequentially accelerated over the past three months - the annual rate of headline inflation rose to 1.5% in April (from 0.7% in the previous month); core inflation quickened to 1.3% from 1.1% in March. The ...