Despite renewed strength in activity,
consumer price inflation remains generally subdued in most countries across the region.
Consumer price inflation remains subdued throughout the region (Table 3).
In the event, March quarter prices data indicated that upstream price pressures had eased somewhat and
that consumer price inflation remained relatively contained.
There are three factors that led to monetary policy to be more asset - inflationary, leading the more credit - sensitive monetary aggregates to expand more aggressively while measured
consumer price inflation remained low.
Not exact matches
Total CPI
inflation remains near the bottom of the Bank's target range as the disinflationary effects of economic slack and low
consumer energy
prices are only partially offset by the inflationary impact of the lower Canadian dollar on the
prices of imported goods.
Trump delays metal tariffs on EU, Mexico and Canada: Reuters Special Counsel Mueller has far - ranging questions for Trump: NY Times US
consumer spending and
price inflation picked up in March: Reuters Pending homes sales in March for US point to subdued growth: CNBC Dallas Fed Mfg Index: mfg activity rebounded «strongly» in April: Dallas Fed Chicago PMI edges up in Apr,
remains relatively subdued vs. recent history: MW Fed expected to hold rates steady this week and raise rates in June: Reuters Rising gas
prices on track to deliver most expensive driving season since 2014: AP Initial Q2 GDPNow estimate for US economy is a strong 4.1 %: Atlanta Fed US Treasury in Q1: 2018 borrowed the most since 2008: Bloomberg
China's
consumer inflation remained weak in December, while
price declines at the factory gate level continued to deepen, suggesting weakness in the world's second - largest economy but giving policy makers more room to take easing measures.
Total CPI
inflation remains near the bottom of the target range, reflecting year - over-year
price declines for
consumer energy products.
The
price of gold more than quadrupled in the past decade even though
inflation has
remained relatively restrained (
consumer prices are up about 27 % since 2003).
However, the Harmonised Index of
Consumer Prices (HICP)
inflation in the euro area has
remained below the ECB's 2 - percent
inflation target since 2013, leaving the central bank of the 19 - nation euro area not much of a choice when it comes to hiking rates.
Consumer price inflation in the euro area
remains low.
Consumer price inflation has
remained a concern both in the eurozone and the United Kingdom.
These developments are yet to have much effect on
consumer prices, with
inflation remaining subdued in most countries.
Excluding food,
consumer price inflation is drifting higher, though it
remains modest at around 1 1/4 per cent.
As the economy contracted in the 1980s,
inflation levels (
consumer price inflation) fell,
remaining between 6 and 12 % from 1982 to 1986.
It
remained at 2.5 per cent, based on the RPIX measure of
inflation, from 1997 until December 2003, when it was changed to 2.0 per cent, based on the new Harmonised
Consumer Price Index measure of
inflation.
«When you look at the broader economy, including a strong job market, rising wages, low
inflation and low interest rates, and couple them to low fuel
prices and strong
consumer confidence, you have everything you need for auto sales to weather headwinds and
remain at or near historic highs,» said Mustafa Mohatarem, GM chief economist.
TIPS are considered an extremely low - risk investment since they are backed by the U.S. government and because the par value rises with
inflation, as measured by the
Consumer Price Index, while the interest rate
remains fixed.
But for now,
inflation remains subdued, with
consumer prices climbing 2.1 % in 2017.
Remaining interest payments come from the variable - rate portion, which changes twice a year based on
inflation, as measured by the
Consumer Price Index (CPI).
The principal is adjusted downward, and your interest payments are less than they would be if
inflation occurred or if the
Consumer Price Index
remained the same.
Separately, assistant central bank governor Yi Gang told a forum that he expected
consumer inflation to
remain steady at within 3 percent next year, as a good grain harvest this year meant pressure on food
prices would be limited.
Consumer price inflation is expected to
remain well contained, with moderate wage pressures and the removal of the carbon tax.