The data
reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood.
Not exact matches
The overall decline in inflation from its peak a year ago
reflects the continuing effects of the
appreciation of the exchange
rate.
In each of these countries, the decision to leave interest
rates unchanged in part
reflected an assessment of the potential impact of the
appreciation of their exchange
rates against the US dollar over 2004.
Thus far in 2005, the dollar has risen back to around 1.30 against the euro, in part
reflecting the fact that the US federal funds
rate has now risen above the monetary policy
rate in the euro area, as well as comments from European officials expressing concerns about the extent of the
appreciation of the euro.
South Africa has also lowered interest
rates in the past three months in part
reflecting the large
appreciation of the rand.
Indicators of upstream inflationary pressures from business surveys remain generally subdued,
reflecting the dampening effect of the exchange
rate appreciation.
And according to Draghi, inflation projections were «revised down slightly, mainly
reflecting the recent
appreciation of the euro exchange
rate.»
The latest readings
reflect a slow but steady march toward historically normal
appreciation and interest
rates, producing an HOI typical of the period before the mid-2000s boom.