Lower inflation rate and slower growth
The inflation for the Euro Area was at 1.4% in January after 1.6% in December.The main reason for this drop is the negative impact of the oil price. The energy…
Philippe Waechter's blog
The manufacturing sector is running out of steam in the euro area – My Monday column
World growth stepped up a pace in 2017 as a result of a policy mix that was heavily on the side of demand, while effective monetary accommodation worldwide combined with…
Inflation on the upside in the United Kingdom
The current acceleration of the inflation rate creates a complex situation in the United Kingdom as it weighs on households’ purchasing power. In April the inflation rate was at 2.7%…
Euro Area – Inflation rate at 2% but the ECB will not move
The inflation rate was at 2% in February after 1.8% in January. It’s the highest record since January 2013. The core inflation is stable at 0.9%. It means that energy…
Higher inflation rate in the Euro Area – It's oil price
The Euro Area inflation rate jumped at 1.8% in January after 1.1% in December 2016. The graph below shows the cumulated contributions to the inflation rate. It can be read…
The Inflation rate will accelerate temporarily
The stabilization of the oil price around USD 50 implies that the contribution of the energy sector to the inflation rate converges currently to 0. In October for the Euro…
4 graphs to understand the US inflation rate
The inflation rate was 1.1% in August, close to the average seen since the beginning of the year (1.1%). The core inflation rate was at 2.3% the highest number since…