Howard Archer
Howard Archer
basis core deter further hiking inflation interest january limited points rates
Nevertheless, limited core inflation in January will not deter the ECB from hiking interest rates by a further 25 basis points on Thursday.
bank below both clearly consumer cut december england forecast inflation interest january level levels looks november price rate suddenly target
With consumer price inflation below the 2% target level in both December and January and clearly below the levels forecast by the Bank of England in their November quarterly inflation report, a near-term interest rate cut suddenly looks a very real possibility again.
bank boost clearly consumer data england hopes inflation largely october premature prices reassuring sound
While it is clearly premature to sound the all-clear on inflation, the October consumer prices data are largely reassuring for the Bank of England and boost hopes that inflation has peaked,
chain data effects energy following headline high inflation limiting oil pressures price producer strong supply welcome
Following the higher-than-expected headline producer price inflation data for January... (Tuesday's data) is welcome reassurance that strong competitive pressures through the supply chain are still limiting the pass-through effects of high oil and energy prices.
bank benign contained england february inflation line overall report
This is still a pretty benign report overall and broadly in line with Bank of England expectations contained in the February Inflation Report.
consumer energy evidence higher increasing inflation late pay price pushed recently starting
This confirms that late in 2005 there was still no evidence that pay was starting to be pushed up by recently higher consumer price inflation and increasing energy bills.
annual base due effects fall headline inflation march oil output price prices primarily producer reflecting rise sharp year
The fall in headline annual producer output price inflation in March was primarily due to base effects reflecting the particularly sharp rise in producer prices a year ago as oil prices surged.
activity adds annual buyer cent climb degree evidence house housing increased inflation limited low market november october per price prices recent recently reported stronger
The climb in annual house price inflation to 2.5 per cent in November from a nine-year low of 1.8 per cent in October reported by the ODPM adds to the recent evidence that house prices have firmed to a limited degree recently amid stronger housing market activity and increased buyer interest.
bank encourage immediate impression inflation rates report trim view
The immediate impression is that the inflation report is pretty neutral. It does little to encourage the view that the bank could trim rates in the immediate future.
encourage immediate impression inflation rates report trim view
The immediate impression is that the inflation report is pretty neutral, and it does little to encourage the view that the MPC could trim rates in the immediate future.
august consumer core due food fuel higher increase inflation july prices primarily
The increase in inflation in August was primarily due to higher prices for fuel and some food items, while core consumer inflation actually edged back down to 1.7% after spiking up to 1.8% in July from 1.5% in June.
drag expansion fourth growth major modest overall quarter sector
The sector may see modest expansion in the first quarter of 2006, having been a major drag on overall growth in the fourth quarter.
avoid brown finances guarantees hikes january major public spending strength tax
The strength of the public finances in January effectively guarantees that Brown will be able to avoid making any major tax hikes or significant spending cutbacks in March's budget.
deter euro further growth hike interest likely march raising rates remains zone
The slowdown in euro zone growth will not deter the ECB from raising interest rates in March and a further hike remains very likely in June.