US Inflation Accelerates With a Monthly 1.0% Jump in May to Cap a 4-Decade High
(Bureau of Labor Statistics) US consumer prices increased by a monthly 1.0% in May, accelerating from a gain of 0.3% in April. The energy index surged by a monthly 3.9%…
Inflation in the Euro Area Claims Another Record High of 8.1% In May
(Eurostat) The annual inflation in the euro area was estimated to have climbed to a record 8.1% in May, eclipsing the 7.4% posted in April. Energy was the main driver…
Germany’s Inflation Is Now at the Highest in Almost 50 Years
(Destatis) Germany’s harmonized index of consumer prices rose by 8.7% in May from the prior year, marking the highest consumer prices since the winter of 1973/1974. The inflation was higher…
US Key Inflation Gauge Jumps 4.9% In April, Personal Incomes Rise
(BEA) US Federal Reserve’s preferred inflation gauge, the PCE price index, which excludes volatile food and energy, rose by 4.9% from the prior year. Including food and energy, the personal…
UK Annual Inflation Accelerates by 9% in April
(ONS) The UK Consumer Prices Index surged by 9% in the 12 months to April 2022, accelerating from an increase of 7.0% in March. Including owner occupiers’ housing costs, inflation…
China’s Inflation Beats Estimates in April as Food Prices Soar
(NBS) China’s inflation rose by 2.1% in April from the prior year, compared to 1.5% in March and higher than estimates of a 1.8% gain. The producer prices also accelerated,…
Median 1-Year Inflation Expectations Fall in April, but Uncertainty Holds High
(New York Fed) The median inflation expectations over the next year in the US fell to 6.3% in April from 6.6% in March. The median three-year inflation expectations still rose…
UK Inflation Accelerates by an Annual 7.0 % in March, a 3-Decade High
(ONS) The UK Consumer Prices Index increased by 7.0% in the 12 months to March 2022, accelerating from a gain of 6.2% in February. The annual surge in inflation reflected…
US Inflation Accelerates in March to an Annual 41-Year Record of 8.5%
(BLS) US inflation rose by a higher 1.2% in March, after rising another 0.8% in February on the back of escalating energy prices. Following the higher monthly increases, the US…
Euro Area Annual Inflation Jumps to 7.5% in March as Energy Prices Skyrocket
(Eurostat) The annual inflation in the euro area is estimated to have climbed to 7.5% in March 2022, compared to 5.9% the previous month. The price jump exceeded estimates of…
UK Annual Inflation Rises to the Highest Since March 1992 in February
(ONS) UK consumer prices increased by 6.2% in the twelve months to February 2022, accelerating from a gain of 5.5% in January. The inflation was the highest since March 1992.…
US Inflation Jumps by 0.8% In February to the Highest in 4 Decades
(BLS) The US consumer prices ticked higher by a monthly 0.8% in February 2022, accelerating from an increase of 0.6% in January. Gasoline contributed to the largest increase in consumer…