Sentences with phrase «on year inflation»

Zimstats said on Oct. 16 that «the year on year inflation rate for the month of September 2017 as measured by the all items Consumer Price Index (CPI) stood at 0.78 percent, gaining 0.64 percent» on the August 2017 inflation rate of 0.14 percent.

Not exact matches

Even if Canada doesn't start dropping payloads of cash itself — something Cooper says he does not foresee in the next three years, at least — the ripple effect of a central bank explicitly targeting higher inflation and adopting formerly verboten measures to get it would be felt on these shores in the form of increased global volatility.

Of course that initial $ 2.04 per week, after inflation and other escalators, works out to $ 44 billion spent on affordable housing over the next 10 years.

It has been on an upward price track for years, in part because the Chinese — compelled by the lack of a social safety net to save rigorously for things like higher education and in case of illness — have few other investing vehicles with which to protect their savings from the ravages of inflation.

The ECB, however, said after its latest policy - making meeting Thursday that it still doesn't expect to raise its own interest rates until «well past» September next year — and even then, only if it is absolutely sure that inflation is back on track after a decade of undershooting.

The Fed maintained its forecast for two more rate hikes this year, following speculation on whether budding inflation would push it toward raising its outlook to three more increases.

For years, economists have relied on something called the «Phillips curve», which measures the link between unemployment and inflation.

«I can at most venture a personal judgment, based on some examination of the historical evidence, that the initial effects [on employment] of a higher and unanticipated rate of inflation last for something like two to five years; that this initial effect then begins to be reversed; and that a full adjustment to the new rate of inflation takes about as long for employment as for interest rates, say, a couple of decades.»

Fifty years ago, Milton Friedman addressed the American Economic Association in Washington DC on the topic of monetary policy, inflation, and wage rises.

Gold fell 1.2 percent on Friday after stronger than expected U.S. payrolls data shored up expectations that a pick - up in inflation will spur further U.S. interest rate hikes this year, boosting the U.S. currency, in which it is priced.

Another rule of thumb Diamond takes on is that retirees «need retirement income that is fully adjusted for inflation for 35 years.»

But every five years, the governor and the government agree on how the monetary authority will approach its duty of keeping inflation advancing at a pace that is neither too fast nor too slow.

U.K. inflation jumped to 1.2 percent year - on - year in November, just beating analyst expectations for a 1.1 percent increase, according to data from the Office for National Statistics (ONS).

Inflation data in the 19 - member euro area dropped to 1.4 percent (year - on - year) in May, from 1.9 percent in April, according to fresh figures Wednesday from the European statistics office.

The British pound plunged to a 2 1/2 - year low on the treasury's new - found appetite for inflation and monetary easing.

Author Kelly Shue, of the University of Chicago, says boards» apparent mistake is a common one, highlighted by years of research in the field of behavioral economics, and much like the way workers get confused about the effect of inflation on the real value of their paychecks.

Wolfgang Kiener, senior analyst at BayernLB, told CNBC via email: «Given only a slow increase of core inflation, we expect the ECB to reduce QE from October on to 15 billion euros per month and to stop it altogether at the end of year.»

Gold got a boost Friday on weaker - than - expected inflation and retail sales figures, casting doubt on the Federal Reserve's ability to continue normalizing interest rates this year.

The Fed's preferred gauge of inflation, based on consumer spending, gained just 1.6 percent in the year through October.

Despite inflation making our lives more expensive every year, people in these 10 occupations are actually earning less, on average, than they were half a decade ago.

«While energy inflation should pick up again towards the middle of this year, it should start to slow towards year - end... And with wage growth still muted, a marked pick - up in service inflation is not on the cards,» said Marcel Thieliant, senior Japan economist at Capital Economics.

Traders are suddenly worried about interest rates (although anyone older than 30 has to be amused that 2.85 % on the Treasury 10 - year is a source of panic), worried about inflation (although after the last decade of stagnant wages, Friday's 2.9 % rise should be cheered, not jeered), and worried about a tax - fueled spike in growth (with this report from Powell's Atlanta colleagues leading the way.)

The AMT was permanently patched for inflation through the American Tax Payer Relief Act of 2012, which went into affect on January 1, 2013, and was retro - active for tax year 2012.

The European Union's statistics office Eurostat estimated that inflation in the 19 countries sharing the euro was 1.2 percent year - on - year in April.

«Latest estimates show that average weekly earnings for employees in Great Britain in real terms (that is, adjusted for price inflation) fell by 0.7 % including bonuses, and fell by 0.5 % excluding bonuses, compared with a year earlier,» the ONS said.

However, altering the minimum wage every year based on average wages or realized inflation rates is difficult in practice, as there is a lag in collecting that data.

The real yield on a 10 - year Treasury bond was 0.72 percent on Nov. 17, and a 30 - year bond yields a little more than 1 percent after inflation.

Meanwhile, wages are down 2.5 % on the year, while inflation is up nearly 10 % during the same time.

MANILA, May 3 (Reuters)- East Asian economies are expected to grow faster than previously thought this year, the ASEAN +3 Macroeconomic Research Office (AMRO) said on Thursday, driven by strong domestic demand, solid exports and stable inflation.

As can be seen, we are currently spending far more per capita on education than 10 years ago, even when 50 % is added to inflation.

A hundred years of inflation - adjusted US housing prices suggest that a home increases only 0.1 percent in value per year on average.

The U.K. had been expected to follow close behind the Federal Reserve in raising interest rates for the first time in nearly a decade, but with lower commodity prices and weak wage growth still keeping a lid on inflation, economists now think that the U.K. may not raise rates till 2017 — even though new data out Wednesday showed the employment rate hit a 45 - year high of 74 % in the three months to November.

The numbers are similarly cheery for workers in most other regions (excepting Latin American where high inflation will probably mean employees, on average, will receive a pay cut in real terms this year).

Consumer prices in the German state of Saxony rose by 1.6 percent year - on - year in April, up from 1.5 percent in March, kicking off inflation releases from the German states.

The extra growth you get on your stock market portfolio, compounded over 30 years, will more than make up for what you lose on rental inflation.

China's February consumer inflation accelerated at its fastest year - on - year pace since November 2013, statistics bureau data showed.

«The labour market continues to be strong, and for the first time in almost a year, earnings have grown slightly after inflation has been taken into account,» senior ONS statistician Matt Hughes said in a statement.

«Now, even if inflation does accelerate over the remainder of the year, there's still reason for the bank to be cautious on future rate hikes.»

U.S. data on Monday showed that consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as last year's weak readings dropped out of the calculation.

Further dollar gains will likely depend on data showing additional improvement in growth and inflation, which could compel the U.S. central bank to raise rates this year an additional three times.

A few Fed policymakers worry the U.S. economy, which has delivered strong job gains but worryingly weak rates of inflation, could be stuck on a low growth path that requires low rates for years as well as new policy tools.

Economists expect the Fed will raise rates at least once this year, based on a view of an improving U.S. jobs market and the central bank coming under pressure to keep inflation from rising well above its 2 % target.

Euro zone inflation slowed to 1.2 percent year - on - year in April, down from 1.3 percent in March, and core inflation fell even more, raising questions about the ECB's plan for withdrawing its monetary stimulus.

After all, inflation (and even medical inflation, which tends to be higher than regular inflation) is well below 9.9 %, meaning a year - to - year 7 % or 8 % increase on major drugs isn't necessarily justified by market dynamics.

That insight, as obvious as it may seem, conflicts with the Fed's policy of raising interest rates preemptively, even as inflation continues to undershoot its target, essentially on concerns that a 17 - year - low 4.1 % jobless rate may already be beyond what officials consider «full employment.»

Producer price inflation stayed stuck at a painful -5.9 % on the year in October, while consumer prices fell a worse - than - expected 0.3 %.

Food prices may have been the biggest distorting factor in the February inflation data, gaining 6 percent year on year and most likely a sign of increases ahead of Lunar New Year festivityear on year and most likely a sign of increases ahead of Lunar New Year festivityear and most likely a sign of increases ahead of Lunar New Year festivitYear festivities.

That probably would be fine, except the central bank has put such an emphasis on core inflation over the years.

Kocherlakota is a voter on the Fed's policy - setting panel this year and has argued forcefully that the Fed should do more to try to bring inflation up and unemployment down.

Higher inflation this year should push the Fed to raise the federal funds rate at a faster pace, which will have knock - on effect on interest rates and the bond market.