Slovakia: Inflation ticked up in April

                   
fxstreet.com     May 13, 2008            

Inflation increased to 4.3% against expected moderation Consumer inflation increased from an annual rate of 4.2% in March to 4.3% in April , against average market expectations for stagnation at 4.2% and our more optimistic forecast of moderation to 4.1%. On the month, the headline CPI index rose... [read full story]                

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UK inflation soars past City forecasts

moneyweek.com     May 12, 2008          

The latest UK producer price figures shout so loudly from the rooftops that everyone, particularly the Bank of England’s Monetary Policy Committee, needs to sit up and take note. ... The media is often accused of hyperbole. The latest UK producer price figures speak for...                

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U.K. April CPI surges to 3% annual rate

marketwatch.com     May 13, 2008          

LONDON (MarketWatch) -- Consumer price inflation in the United Kingdom rose to an annual rate of 3% in April, the Office for National Statistics said Tuesday. The rate is the highest since March 2007. The jump exceeded expectations for a rise to 2.6% from an annual reading of 2.5% in March....                

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Is inflation or deflation the biggest threat to the global economy?

moneyweek.com     May 13, 2008          

I really wouldn’t like to be the man in charge of sorting out the UK economy today. But raw materials prices are soaring, and that spells inflation. The latest survey from the Royal Institution of Chartered Surveyors found that 19 in every 20 surveyors reported falling prices in April. Even if...                

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Inflation Calculation Leaves Out Food, Energy Prices

npr.org     May 13, 2008          

The government releases new inflation statistics Wednesday, and consumer prices are expected to rise. While the Federal Reserve does keep an eye on inflation, it usually doesn't take food and energy prices into account. Co-host Steve Inskeep talks with David Wessel, economics editor at the Wall...                

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Soaring prices see inflation surge

msn.com     May 13, 2008          

The cost of living unexpectedly surged at its fastest rate for almost six years during April, official figures show.The 0.5% rise in the Consumer Prices Index (CPI) to 3% is the biggest monthly jump since July 2002 and follows surging gas and electricity bills, food prices, and Budget tax hikes...                

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Monthly inflation at six-year high

msn.com     May 13, 2008          

A shock spike in the cost of living during April hit hopes for interest rate cuts as inflation soared at its highest pace for nearly six years.The official Consumer Prices Index (CPI) benchmark of inflation jumped 0.5% to 3% - shattering City forecasts with its biggest monthly rise since July 2002.                

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UK inflation: why interest rates will stay frozen for now

moneyweek.com     May 13, 2008          

Following Monday’s news of record rises in factory gate prices, this morning we learned that the UK’s headline inflation rate jumped dramatically in April. One thing’s for sure - the MPC will remain under pressure from businesses, politicians and estate agents to cut rates, as the rest of the...                

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Euro-zone finance ministers debate inflation, economy as growth slows

iht.com     May 13, 2008          

Finance ministers of the 15-nation eurozone debated inflation Tuesday at a time when prices across Western Europe are rising fast, growth is slowing and the United States — Europe's biggest trade partner — teeters on the brink of recession. The finance ministers were meeting with Jean-Claude...                

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Fed catches a break on inflation

chicagotribune.com     May 14, 2008          

by Frank James The big sigh of relief that could be heard emanating from the far end of Constitution Ave. nearest the Potomac River in Washington, D.C. was the sound of Federal Reserve Chairman Ben Bernanke exhaling. That's because today's consumer price index report for April showed that...                

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Success Leads to Excess

goldseek.com     May 14, 2008          

The U.S. economy is still 'far from normal'…when houses go down - so does the rest of the consumer economy… -How much did 'just-in-time' inventory systems save consumers?…a look back at the 1970's… -Food prices rise the most since 1990…when you can't borrow your way out…and more!                

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