UK Economics Update Food price rises shouldn’t prompt policy changes Tomorrow’s inflation figures are likely to show that a further rise in food prices stopped headline inflation from falling more sharply – or at all – in August. However, we doubt that rising food... 13th September 2010 · 1 min read
UK Economics Update Food price rises shouldn’t prompt policy changes Tomorrow’s inflation figures are likely to show that a further rise in food prices stopped headline inflation from falling more sharply – or at all – in August. However, we doubt that rising food... 13th September 2010 · 1 min read
UK Data Response Producer Prices (Aug.) August’s UK producer prices figures brought further tentative evidence that cost pressures at the start of the inflation pipeline are beginning to ease. 10th September 2010 · 1 min read
China Economics Update Inflation Monitor (Aug.) Consumer price inflation continues to rise on the back of rapid food price increases, which should prove short-lived. Underlying price pressures remain weak. 9th September 2010 · 1 min read
Asia Economics Update Bank of Korea biding its time, but rate hikes lie ahead The Bank of Korea (BoK) unexpectedly held its policy rate at 2.25% today. Concerns about rising global uncertainties tipped the balance in favour of no change, despite the BoK expecting solid GDP... 9th September 2010 · 1 min read
Global Inflation Watch Deflation remains a slow-burning threat (Q2 2010) A rebound in some commodity prices and stabilisation of core inflation rates suggest that the immediate risk of deflation has diminished, but in fact it remains a significant threat in just about... 6th September 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s small fall in euro-zone CPI inflation confirmed that price pressures in the region are very subdued. And although unemployment has continued to edge down, this is unlikely to prompt any... 31st August 2010 · 1 min read
Europe Data Response German CPI (1st Est. Aug.) August’s fall in German HICP inflation confirmed the absence of price pressures in the euro-zone’s largest economy. Indeed, we still see the headline rate there falling to near zero next year. 27th August 2010 · 1 min read
Japan Data Response Unemployment, Spending & CPI (Jul.) The welcome fall in the unemployment rate in July starts to bring it back in line with the improving trends in other indicators of the health of Japan's labour market. Household spending fell back... 27th August 2010 · 1 min read
Global Economics Update How big an inflation threat are rising food prices? Rising food prices will put some further upward pressure on headline inflation in the US and Europe, but the impact should be smaller than during the 2007/08 shock, and just as temporary. The picture... 25th August 2010 · 1 min read
UK Economics Weekly Gilts right to be sanguine on inflation Our long-standing bullishness on UK government bonds (or gilts) was further borne out last week when ten year yields slipped through our target of 3%. Gilts have been supported by overseas... 23rd August 2010 · 1 min read
UK Data Response UK Consumer Prices (Jul.) July’s consumer prices figures should provide some reassurance that underlying price pressures in the UK economy are finally starting to ease. 17th August 2010 · 1 min read
UK Data Response Core price pressures finally starting to ease July’s consumer prices figures should provide some reassurance that underlying price pressures in the UK economy are finally starting to ease. 17th August 2010 · 1 min read
Asia Economics Update India's Reserve Bank tightening still has far to go Recent India data show that inflation pressures have eased while the gain in industrial production has slowed sharply. External risks have climbed too. Nevertheless, non-food inflation is unlikely to... 16th August 2010 · 1 min read
UK Economics Weekly Is the MPC turning a blind eye to inflation? The distinctly dovish tone of last week’s August Inflation Report begs the question of whether the Monetary Policy Committee is damaging the credibility of the policy framework by deliberately turning... 16th August 2010 · 1 min read
