Posts Tagged ‘CPI’
American Housebuilding Rise Divides Economists
Wednesday, March 18, 2009 16:18 No CommentsThe number of houses started by builders in the US rose unexpectedly by 22% in February to 583000, up from 477000 in January. Yet economists were split on whether this was good news.
Paul Dales, US economist at Capital Economics, said that it could be a sign that the property market was close to rock-bottomm. According [...]
Deflation Threat Raised by Falling Factory Costs
Monday, December 8, 2008 7:07 No CommentsFactory gate inflation peaked at 10% in July this year. But as the cost of raw materials continued to fall sharply, the factory gate inflation eased again last month. This situation fuelles the expectations that the Bank of England will have to cut interest rates again to stave off the threat of deflation.
According to the [...]
