Japan Sept Core CPI Marks 1st Y/Y Rise in 18 Months on Utilities
— Overall Energy Costs Up; Pace of Gasoline Markup Eases Slightly— Total CPI Posts 1st Y/Y Gain in 13 Months on Rebound in Fresh Food— Downward Pressure From Low Cost Mobile Phone Plans Lingers By Max Sato (MaceNews) – Global supply chain disruptions and reopening demand led energy and processed food costs to rise further, […]
ANALYSIS: Japan Faces Cost Inflation Amid Weak Yen, Slow Wage Growth
By Max Sato (MaceNews) – Rising energy and commodities prices may help lift Japan’s near-zero inflation rate but a further rise in the costs for daily necessities would dampen already wobbly consumer spending and surging producer prices would hurt small businesses that cannot pass higher input costs on to customers amid uncertain growth prospects. Japan […]
Japan Sept Tokyo Core CPI Posts 1st Y/Y Rise in 14 Months on Energy
— Electricity Charge Rise Picks Up Pace, Gasoline Keeps Double-Digit Gain — Higher Processed Food Prices Also Easing Effects of Lower Mobile Phone Fees — Total CPI’s Annual Rate Marks 1st Gain in 12 Months on Fresh Food Prices By Max Sato (MaceNews) – The core reading of consumer prices in Tokyo, a leading indicator […]
Eurozone Inflation Again Driven Higher by Energy Costs
ZURICH (MaceNews) – Pushed by continued double-digit growth for energy costs, consumer prices in the Eurozone rose more than forecast for September, the latest data from Eurostat showed. Consumer prices as measured by HICP rose 3.4 percent in September according to preliminary figures, exceeding the median of 3.3 percent in an Econoday survey of economists’ […]
Japan Aug Core CPI Flat Y/Y After Year-Long Drop; Energy Pickup Slows
— Total CPI Marks 11th Straight Y/Y Drop As Fresh Vegetable Prices Slump — Downward Pressure From Low Cost Mobile Phone Plans Intensifies By Max Sato (MaceNews) – Higher costs for energy and processed food continued easing the downward pressure on Japan’s core consumer prices, which was flat on year in August after a year-long […]
US Data Preview Commentary: CPI, Retail Sales, IndPro and the Next 20 Years
WASHINGTON (MaceNews) – This week’s economic data includes the Consumer Price Index for August, with forecasters not anticipating an acceleration in the rate of change but not much, if any, deceleration. If the annual consumer inflation rate remains around the 5.4% in July and June, or a little less as forecasted, analysts are likely to […]
Eurozone Consumer Prices Rose 3.0 Percent in August from A Year Ago on Energy Costs
ZURICH (MaceNews) – Consumer prices in the Euro area rose more than expected in August, driven higher once again by increased energy costs, the latest data from Eurostat showed. The flash estimate for August HICP showed consumer prices up 3.0 percent from a year-ago level, exceeding the median of 2.8 percent in an Econoday survey […]
Japan Aug Tokyo Core CPI Improves to Flat on Energy, Hotels After Year-Long Slump
— Gasoline Markup Slows While Electricity Bills Now Up on Year — Air Conditioners, Property Insurance Premiums Also Support Prices By Max Sato (MaceNews) – The core reading of consumer prices in Tokyo, a leading indicator of the national average, was unchanged from a year earlier in August, firming after a year-long decline, thanks to […]
Japan July Core CPI Posts 12th Straight Monthly Y/Y Drop Under 2020 Base Year
— Total CPI Marks 10th Straight Y/Y Fall, Also Reversing Slight Pickup — July’s Y/Y Declines in All Major CPI Measures Decelerate from June — Higher Energy, Some Food, Appliances Costs Ease Mobile Phone Downward Pressure By Max Sato (MaceNews) – Japan’s core consumer prices reversed recent modest gains backed by higher energy costs, posting […]
Eurozone Final July HICP Rose 2.2% Year-on-Year, Confirming Flash Estimate
ZURICH (MaceNews) – Inflation in the euro area rose 2.2 percent from a year ago in July, rising from 1.9 percent through June, final figures released by Eurostat showed Wednesday. Energy prices rose 14.3 percent in July, revised up from the flash estimate of 14.1 percent, with the rate increasing from 12.6 in June. Without […]