UK Inflation to be stable in June

Jul 14, 2015 05:33 am UTC| Commentary

Global food price deflation pressures are seen continuing to mount which should push down UK food prices as well so we expect food deflation to deepen again. Against that, petrol prices rose again in June and more strongly...

Italian HICP inflation average for 2015 likely to rise

Jul 14, 2015 05:27 am UTC| Commentary

The national CPI also remained unchanged at 0.1% yoy in June. In terms of the component breakdown, the energy component fell slightly from -5.7% yoy to -5.8% yoy, shaving 1bp from the headline figures. Food prices remained...

Bank of Indonesia to keep BI rate unchanged

Jul 14, 2015 05:24 am UTC| Commentary

Indonesias June CPI surged to 7.26% yoy, the highest print in 2015 and much higher than BIs comfort level of 5%. As the favourable base effect from the plunge in oil prices starts to fade in the coming months, BI may be...

Final Spanish consumer prices to rise in June

Jul 14, 2015 05:24 am UTC| Commentary

The INE did specify that the rise in Spanish inflation was primarily attributable to an increase in electricity, food and non-alcoholic beverages prices.Flash Spanish HICP inflation was encouraging as it increased to 0.0%...

Despite Greece and China, the ZEW expected to improve

Jul 14, 2015 05:20 am UTC| Commentary

Despite the ongoing uncertainty over Greece and continued volatility in Chinese stock markets, in July, the ZEW investor economic sentiment indicator is expected to strengthen, to 33.7 from 31.5 before.But in line with...

Final German HICP inflation to soften in June

Jul 14, 2015 05:15 am UTC| Commentary

Flash German HICP inflation softened to 0.1% yoy in June compared to 0.7% yoy in May. The national measure also softened from 0.7% yoy in May to 0.3% yoy. As for components, all the major components, namely energy, food...

Russian banking system, resilient but fragile

Jul 14, 2015 05:07 am UTC| Commentary Central Banks

The Russian central bank has withdrawn banking licenses for 30 establishments since the beginning of the year for financial reasons or wrongdoing. Yet the scenario of a liquidity crisis shows no signs of materialising, and...