He’s right. It’s zero point three Says we could end up with deflation if there were new shocks The Sep final Eurozone HICP is out on Thursday.
Says deflation could start EU depression Joan Burton is the leader of Ireland’s labour party. She’s another who is starting to grasp the predicament of Europe in the low inflation environment. But we all know we’re not heading into deflation don’t we, because … Continue reading
Japan economy minister Amari: Economy struggling slightly to rebound from slump Recent economic data has been mixed but still expect economy to recover Economy has not developed as expected after sales tax hike Rebound from sales tax hike taking longer … Continue reading
but does see risk of “too low” inflation monetary policy to stay accommodative a long time policy to stay expansionist until inflation near 2% Speaking on Europe1 Radio sayd he” hates” the expression ” sick man of Europe” I guess … Continue reading
Japan economy minister Amari: Says consumption harmed in July and August due to bad weather Amari speaking in Tokyo – Japan finance minister Aso said similar things about the weather in July, too: Japan finance minister Aso: Bad weather in … Continue reading
Quoted on the wires from an interview with Italian newspaper Corriere della Sera published earlier, so not exactly hot off the press does not expect the Eurozone to slip into deflation but is confident that ECB will act to stave … Continue reading
Japan economy minister Amari: Too early to say Japan out of deflation – Comment on the wires – Meanwhile yen is flat on the session, barely any movement on it.
Prior -1.5% CPI -0.7% vs -0.9% exp y/y. Prior -1.1%
Prior 0.5% Core 0.8% vs 0.8% prior y/y Euro unworried at 1.3392 as we tick towards that deflation line…sorry…disinflation line.
Even I’m struggling to hang on to my reasons for maintaining a long euro position at the moment. The data hasn’t really improved and the only chink of light is the new business numbers from the services and composite PMI’s … Continue reading