What I see is more evidence of an inflation problem in China that they are now trying to blame on something other than themselves to prevent the historical regime change from inflations of the past. The problem is, of course, the don’t fundamentally understand how a currency works, which reduces the odds of being able […]
Tag Archives: CPI
UK cpi forecast down
Funny how those ultra low rates never do seem to generate inflation as many fear… *BOE SAYS NEAR-TERM CPI OUTLOOK HIGHER ON POUND, OIL PRICE *BOE CONSTANT-RATE FORECAST SHOW INFLATION BELOW 2% IN 2 YEARS *BOE SAYS DOWNSIDE U.K. GROWTH RISKS HAVE `INCREASED SOMEWHAT’ *BOE FORECASTS BASED ON RATE AT 0.6% END 2010, 1.7% END […]
U.S. Data
Karim writes: Brief and delayed recap: Looks like Goldilocks is officially here. 4% GDP gwth and 0% core inflation. Agreed, remains a good market for stocks apart from looming shocks from Europe and elsewhere that could do a lot of damage. Tax hikes can do damage but they are off in the future for now. […]
CPI/Housing
[Skip to the end] Karim writes: CPI Headline CPI +0.4% and core +0.034% OER -0.1% and volatile items largely offsetting (lodging away from home -1.5% vs tobacco +1% and vehicles +0.8% (after +1.7% prior month)) Favorable base effects for core coming in H1 2010 should see y/y drift to 1% from current 1.7% Housing Starts […]
CPI/IP/Michigan
[Skip to the end] Yes, there’s clearly an ‘unidentified demand leakage’ to have all this deficit spending with demand only holding at very low levels. I keep coming back to the depressing effects of low interest rates and a large Fed portfolio shifting interest income from savers to govt., banks, and corporate borrowers with consumers […]
2008-12-16 USER
[Skip to the end] ICSC UBS Store Sales YoY (Released 7:45 EST) ICSC UBS Store Sales WoW (Released 7:45 EST) Redbook Store Sales Weekly YoY (Released 8:55 EST) Redbook Store Sales MoM (Released 8:55 EST) ICSC UBS Redbook Comparison TABLE (Released 8:55 EST) Consumer Price Index MoM (Released 8:30 EST) CPI Ex Food and Energy […]
2008-08-14 US Economic Releases
[Skip to the end] Consumer Price Index MoM (Released 8:30 EST) CPI Ex Food & Energy MoM (Released 8:30 EST) Consumer Price Index YoY (Released 8:30 EST) CPI Ex Food & Energy YoY (Released 8:30 EST) CPI Core Index SA (Released 8:30 EST) Consumer Price Index NSA (Released 8:30 EST) CPI TABLE 1 (Released 8:30 […]
Japan CPI
[Skip to the end] from Dave: Japan core CPI last night came out at 1.9% as expected Petrol products were up +23.9% y/y Non fresh food products were up +3.5% y/y Core-Core CPI (ex energy and ex fresh food) rose +0.1% vs -0.1% in the previous month indicating some signs of higher energy and food […]
Bloomberg: Poole jumps in
[Skip to the end] The Fed’s mission is to not let a relative value story turn into an inflation story. When food/fuel prices rise, consumers have less to spend on other things; so, they should moderate to keep it all a relative value story. But even though core CPI hasn’t gone up as fast as […]
2008-06-13 US Economic Releases
[Skip to the end] Consumer Price Index MoM (Released 8:30 EST) CPI Ex Food & Energy MoM (Released 8:30 EST) Consumer Price Index YoY (Released 8:30 EST) CPI Ex Food & Energy YoY (Released 8:30 EST) CPI Core Index SA (Released 8:30 EST) Consumer Price Index NSA (Released 8:30 EST) U of Michigan Confidence (Released […]