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Showing 1 - 10 of 24 results for "HICP"

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... that followed a 3.2% decline in the March quarter and a 1% expansion in December 2019. The ECB staff maintained its 2020 HICP inflation forecast at 0.3% but lifted it to 1% (from 0.8%) for 2021 and unchanged at 1.3% the year after. Preliminary estimates ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... predicted in March 2020) before recovering to +5.2% in 2021 (from +1.3%) and +3.3% in 2022 (from 1.4%). The ECB also lowered its HICP inflation predictions from 1.2% in 2019 to 0.3% in 2020 (from the 1.1% forecast in March 2020), before climbing to 0.8% ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... real GDP growth expanded by 1.2% in the year to the September 2019 quarter - the same growth rate as in the June quarter. HICP inflation has quickened to 1.0% in the year to November after slowing to a three-year low of 0.7% in the previous month. Eurosystem ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... into a 1.2% contraction two year later (March 2013). So has inflation. The annual growth rate in harmonised consumer prices (HICP) trended down from 3.0% in November 2011 to a low of -0.6% (deflation) by January 2015. So much so that Draghi's first ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... declines for fourth month running during August". As for inflation, the annual rate of growth in headline consumer prices (HICP) have decelerated to 1.0% in July from 1.3% in the previous month, with the core inflation rate similarly easing to 0.9% from ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... second-lowest since the fourth quarter of 2014."...Inflation remains off-course and off-target. The euro area's annual HICP inflation rate decelerated to 1.2% in May from 1.7% in the previous month. Core inflation weakened to 0.8% from 1.3% in the ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... growth has slowed to 1.2% in the year to the March 2019 quarter after peaking at 2.8% in the September 2017 quarter. While HICP inflation jumped to its fastest rate in five months to 1.7% in April, it's down from the 2.3% rate recorded in October ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... and 1.6% in 2020. This compares with the previous forecasts of 1.7% this year (lowered from 1.8%) and the next. Similarly, HICP inflation's now seen to reach only 1.2% (from 1.8% previously) this year and 1.5% (from 1.6%) in 2020. HICP inflation ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... justifiable given the sharp slowing in GDP growth in recent months...... and indications for continued slow going. Similarly, HICP inflation's now seen to reach only 1.2% (from 1.8% previously) this year and 1.5% (from 1.6%) in 2020. HICP inflation ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... 2019 (from 1.7% last year) before picking up to 1.5% in 2020. These compare with the Eurosystem staff's guesstimates for HICP inflation to rise to 1.5% in 2019 and 1.7% in 2020. But as the EU Commission's latest press release -- Winter 2019 Economic ...
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