Riksbank likely to leave monetary policy unchanged through December 2017

Jun 30, 2016 12:43 pm UTC| Insights & Views Central Banks Commentary

Swedish inflation slowed more than estimated in May. The inflation rate according to CPIF was 1.1 percent y/y in May 2016, as compared to the previous months 1.4 percent and consensus expectations of 1.2 percent. After...

Japan’s CPI inflation, excluding fresh food, likely decelerated further in May

Jun 30, 2016 12:39 pm UTC| Commentary

Japans CPI inflation, excluding fresh food, is likely to have decelerated further in May. The nationwide CPI is likely to have decelerated to 0.4 percent year-on-year from Aprils 0.3 percent y/y, said Societe Generale in a...

Brazil’s industrial production likely grew on month-on-month basis in May

Jun 30, 2016 11:56 am UTC| Commentary Economy

Brazils industrial production is likely to have grown on a month-on-month basis, but is expected to have continued to contract on a year-on-year basis in May. Industrial output had shrunk 11.9 percent year-on-year in the...

Hong Kong retail sales fall in May on declining tourism, weak local consumption

Jun 30, 2016 11:50 am UTC| Commentary

Hong Kongs retail sales fell for the 15th straight month in a row in May, on account of declining tourism, coupled with weak local consumption, triggering concerns of a deeper slump. Retail sales in May slid 8.4 percent...

French inflation remains soft in June, holds back on seasonal fall in prices

Jun 30, 2016 11:43 am UTC| Commentary

Consumer prices in France remained on the softer side in June, held back largely due to seasonal fall in prices of manufactured goods and fresh produce. The consumer price index for the Eurozones second-largest economy...

Taiwan’s central bank lowers key interest rate to 1.375 pct

Jun 30, 2016 11:38 am UTC| Commentary Central Banks

As widely expected, the Taiwanese central bank, CBC, lowered its key interest rate as the economic growth outlook continues to be under pressure. During its meeting, the CBC cut the rediscount rate to 1.375 percent from...

Euro area inflation returns to positive territory in June

Jun 30, 2016 11:01 am UTC| Commentary Economy

Euro area inflation came in positive in June, according to the flash estimate from Eurostat. Inflation in the currency bloc accelerated to 0.1 percent year-on-year. Meanwhile, the core rate accelerated to 0.9 percent...