The National Bank of Hungary’s (NBH) closely watched gauge of lasting price developments, tax-adjusted core inflation, will peak at 3.8% in the fourth quarter and decline from the end of 2019, the bank said in its quarterly inflation report.
Eurozone inflation slowed more than expected last month, a growing headache for European Central Bank policymakers who already worry that price growth is ‹uncomfortably below' their target.
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
Inflation in Europe’s largest economy Germany fell back sharply in May, official data showed, returning to sluggish levels after a spike related to the Easter holiday. Price growth stood at 1.4 per cent year-on-year,
Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on Monday. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in April 2019 was lower than the corresponding period of last year when retail inflation stood at 4.58 per cent.
Egypt’s annual urban consumer price inflation eased to 13.0 per cent in April from 14.2 per cent in March, official statistics agency CAPMAS said on Thursday. “The figures are lower than our expectations,” said Radwa El-Swaify, head of research at Pharos Securities Brokerage.
Slowing Turkish inflation has helped make the country’s lira-denominated government bonds “cheap” for the first time this year, Deutsche Bank’s analysts said, adding that their models pointed to potentially stellar gains ahead. Data on Friday showed Turkey’s headline inflation rate
Japan’s core consumer inflation slowed in May and factory activity shrank in June, underlining the growing stress on the economy and keeping the central bank under pressure to expand its radical stimulus programme, possibly as early as next month.
China’s factory-gate inflation in April quickened at its fastest pace in four months, buoyed by higher commodity prices and as a sign demand to perk up, when Beijing rolls out more stimulus. Consumer inflation also accelerated, jumping to the highest pace in six months, official data showed on Thursday.