Mexican central bank likely to keep key interest rate on hold until end of 2019

Feb 15, 2019 19:00 pm UTC| Commentary

The Mexican central bank is quite concerned about the upside risks for inflation. However, inflation eased a bit in January to 4.4 percent. Furthermore, the initial estimates showed that the economic growth was very...

Canadian existing home sales grow strongly in January, reverses December’s fall

Feb 15, 2019 18:29 pm UTC| Commentary

Canadian existing home sales grew sequentially in January. Sales were up 3.6 percent, more than reversing Decembers fall and marking the strongest monthly gain since June 2018. Sales came in higher in half of local...

U.S. industrial production weakens considerably in January

Feb 15, 2019 17:21 pm UTC| Commentary

U.S. industrial production softened significantly in January, reflecting transitory impacts from the government shutdown, as well as wider impacts from softer global demand, fading impacts of fiscal stimulus, and the drag...

Swedish inflation likely to have accelerated slightly in January, may ease markedly later in 2019

Feb 15, 2019 16:55 pm UTC| Commentary

The Swedish January inflation data is set to release next week. According to a Nordea Bank research report, the CPIF inflation is likely to have come in at 2.4 percent in the month, consistent with the Riksbanks view....

U.S. import prices fall sequentially in January

Feb 15, 2019 15:05 pm UTC| Commentary

Import prices in the U.S. dropped in the month of January, coming in below consensus expectations. Sequentially, import prices fell 0.5 percent, as compared with consensus expectations of a fall of 0.2 percent. Stripping...

Hungarian core inflation to remain above 3 pct in months ahead, NBH to start monetary tightening in April-May

Feb 15, 2019 12:53 pm UTC| Commentary

Hungarian consumer price inflation for the month of January was released earlier this week. The year-on-year print came in line with market expectations at 2.7 percent. However, the core inflation rose to 3.2 percent...

China’s headline inflation eases in January, further decline may trigger monetary policy adjustment

Feb 15, 2019 11:49 am UTC| Commentary

Chinas headline PPI inflation came in a positive number in January, but the prices of producer goods has actually eased to 0.1 percent on a year-on-year basis in January from Decembers 0.9 percent. Todays inflation data...