Sentences with phrase «weak inflation figures»
The euro plunged from near two - year highs to a six - week low against the dollar in early November, after weak inflation figures stoked fears about demand in the 17 - member economy, according to Nawaz Ali, UK market analyst at Western Union Business Solutions.
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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.
Treasury bond prices rallied and yields on the 10 - year fell to between 2.8 % and 2.85 % following the release of benign inflation data and weaker - than - expected retail sales figures.
One way to interpret this figure is that the Treasury market was expecting weaker aggregate demand growth in the future and consequently lower inflation.
He said when these figures are considered along with inflation rate of 16.05 per cent and an annual population growth rate of approximately 2.67 per cent, then the recovery of Nigerian economy is weak and feeble.