An uptick in
annual headline inflation in August was primarily driven by rising energy prices, and core inflation remained stuck at 1.2 % for a second consecutive month.
Not exact matches
After rising for several months,
annual inflation in the eurozone fell further than consensus expectations in March, easing back from 2.0 % to 1.5 % at the
headline level, and from 0.9 % to 0.7 % at the core level.
«Looking at either the
headline or trimmed mean measures,
annual inflation appears to have fallen to about 1 per cent.
In the United Kingdom,
headline inflation is close to 3 percent on an
annual basis, higher than the central bank's projected target of 2 to 2.5 percent; and in the United States, consumer
inflation remained above the central bank's 2 - percent target until May of this year before slipping modestly.
But the mixed economic picture was underlined by the same month's
inflation report, showing
annual price rises below consensus forecasts at the
headline level and a slight decline in core
inflation.
Rising energy costs pushed the
headline month - on - month figure up to 0.4 %, while the
annual gain rose from 1.6 % to 1.9 %, only a tenth below the Fed's target for
inflation.
Inflation data published last week showed the headline personal consumption expenditure (PCE) inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9
Inflation data published last week showed the
headline personal consumption expenditure (PCE)
inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9
inflation index hit a 2 per cent
annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 per cent.