U.S. inflation up 0.1% in May – but less than expected

In May 2025, U.S. inflation rose by 0.1% from the previous month, bringing the annual inflation rate to 2.4%, slightly below economists’ predictions of 2.5%. Core U.S. inflation, which excludes food and energy, increased by 0.1% month-on-month, with a year-on-year rate of 2.8%. The modest rise was largely offset by falling energy prices, particularly a …

Eurozone inflation falls below ECB target of 2% – now what?

Inflation in the eurozone fell to 1.9% in May 2025, dropping below the European Central Bank’s (ECB) 2% target for the first time in months. This unexpected decline has sparked discussions about the potential consequences for the region’s economy. The latest data from Eurostat shows that core inflation, which excludes volatile items like energy and …

Japan’s core inflation rises to 3.5% – higher than expected

Japan’s inflation figures for April 2025 have revealed a continued rise in consumer prices, with the Consumer Price Index (CPI) climbing 3.6% year-on-year. This marks a sustained period of inflation above the Bank of Japan’s (BoJ) target of 2%, prompting speculation about potential interest rate hikes later in the year. Core inflation, which excludes fresh …

UK inflation hits 3.5% in April 2025 as household bills surge

UK inflation rose to 3.5% in April 2025, exceeding expectations and placing further financial strain on households. The increase, reported by the Office for National Statistics, was driven by higher energy costs, water bills, and taxation pressures on businesses. One of the most striking factors behind the surge was the 26.1% increase in water and …

U.S. inflation rate at 2.3% in April 2025 – less than expected

April 2025 saw the U.S. inflation rate ease to 2.3%, marking its lowest level since February 2021. The consumer price index (CPI) rose 0.2% for the month, aligning with expectations but slightly below the forecasted 2.4% annual rate. Core CPI, which excludes volatile food and energy prices, also increased 0.2%, maintaining a 2.8% year-on-year rate. …

UK economy shows welcome signs of resilience with positive GDP growth and inflation relief

The UK economy displayed unexpected resilience in February 2025, with GDP growing by 0.5%. This figure has exceeded market expectations and provided a welcome boost to UK economic confidence. The growth was fueled by robust activity in the services and manufacturing sectors, which helped counterbalance ongoing challenges in other areas. February’s performance marks a recovery …

Bitcoin and ether drop amid grim inflation outlook – tariff uncertainty

Crypto faces market turmoil mid economic concerns The cryptocurrency market has been rocked by significant declines in two of its flagship assets, Bitcoin and Ether. This downturn reflects mounting concerns over broader economic challenges, including inflationary pressures and uncertainties surrounding Trump’s global trade tariffs. Bitcoin, often seen as a digital gold and a hedge against …

Dow closed 700 points lower Friday 28th March 2025 as inflation and tariff fears worsen

Stocks sold off sharply on Friday 28th March 2025, pressured by growing uncertainty on U.S. trade policy as well as a grim outlook on inflation The Dow Jones Industrial Average closed down 715 points at 41,583. The S&P 500 lost 1.97% to close 5,580 ending the week down for the fifth time in the last six weeks. The Nasdaq Composite plunged …

Core U.S. inflation in February hits 2.8% – higher than expected

The core personal consumption expenditures price index, a key Fed inflation measure was up 0.4% in February 2025, putting the 12-month inflation rate at 2.8% Consumer spending accelerated 0.4% for the month, below the 0.5% forecast, but personal income posted a 0.8% rise, against the estimate for 0.4%. If we were to combine these higher …

Japan’s inflation up 3% in February 2025 – interest rates expected to rise

Japan’s core inflation rate rose to 3% in February, exceeding market expectations of 2.9% This marks the 35th consecutive month that inflation has remained above the Bank of Japan’s 2% target. While the figure is slightly lower than January’s 3.2%, it reflects persistent price pressures, driven by rising food and wage costs. Government subsidies for …

U.S. holds interest rate steady despite Trumps tariff threats – transitory inflation is back – remember that?

The Federal Reserve has opted to maintain its federal funds rate within the range of 4.25% to 4.5%, a decision that aligned with market expectations This comes amidst increasing uncertainty surrounding the economic landscape. While the Fed’s current stance is to hold interest rates steady, it has reiterated its intention to implement two rate cuts …

UK inflation higher-than-expected at 3% in January 2025

UK inflation rose sharply in January 2025 after airfares failed to fall by as much as usual and private school fees jumped. The higher-than-expected inflation increase to 3% in the year to January 2025, from 2.5% in December 2024, means that consumer prices rose at the fastest rate for 10 months. Why? The U.K.’s inflation …

Fed holds rates steady – calculates a less confident view on inflation

The Federal Reserve maintained its key interest rate on Wednesday 29th January 2025, reversing a recent trend of policy easing as it assesses the likely turbulent political and economic landscape ahead. As expected, the Federal Open Market Committee (FOMC) left its borrowing rate unchanged in a range between 4.25% and 4.50%. The decision followed three …

Japan increases interest rate chasing down rising inflation

The Bank of Japan recently raised its interest rate by 25 basis points to 0.5%, marking the highest level since 2008 This decision was influenced by sustained inflation and rising wages, signalling a cycle in the economy. The move was expected by many economists and resulted in the Japanese yen strengthening against the dollar. The …

U.S. core inflation rate slows to 3.2% in December 2024 – less than expected and sets off market feeding frenzy

The U.S. Consumer Price Index rose by a seasonally adjusted 0.4% for the month, resulting in a 12-month inflation rate of 2.9%. This figure was consistent with forecasts. Core CPI annual rate was 3.2%, down from the month before and slightly better than the 3.3% outlook. Stock markets surged following the release as Treasury yields …

Latest U.S. producer price index inflation rose 0.2% – in line with expectations

The latest U.S. producer price index (PPI) data indicates that wholesale inflation increased by 0.2% in December 2024, primarily driven by higher energy costs This rise was slightly less than the 0.4% gain witnessed in November 2024. Compared to a year earlier, producer prices were up by 3.3%. The rise in energy prices, particularly a …

Euro zone inflation rose to 2.4% in December 2024 – as expected

The annual inflation rate in euro zone increased for the consecutive month reaching 2.4% in December 2024, according to the statistics released on Tuesday 7th January 2024 by Eurostat The reading, according to economists’ forecasts, indicated an increase from a revised 2.2% figure in November 2024. Core inflation remained steady at 2.7% for the fourth …

U.S. inflation reading of 2.4% for November 2024 is better than expected

The PCE price index, the Fed’s preferred inflation gauge, showed an increase of just 0.1% from October and a 2.4% annual rate – which was below expectations. Excluding food and energy, core PCE also increased 0.1% monthly and was 2.8% higher from a year ago, with both readings being 0.1% off the forecast. The personal consumption …

UK inflation rate rises to 2.6% to hit highest level since March 2024

The UK inflation rate has gone up for the second month in a row, rising at the fastest pace since March 2024. The UK inflation rate rose to 2.6% in the year to November 2024, according to official figures. However, the rise was predicted by economists and was apparently within the range of the expected …

U.S. annual inflation rate increases to 2.7% in November 2024 – as expected

U.S. consumer prices rose at a faster annual pace in November 2024, a reminder that inflation remains an issue both for households and policymakers. The consumer price index (CPI) showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday 11th November 2024. The annual rate was 0.1 …

U.S. Fed’s preferred inflation measure rises to 2.3% 

The Personal Consumption Expenditures (PCE) price index announced 27th November 2025, rose by 0.2% monthly, matching a 12-month inflation rate of 2.3%, aligning with expectations. Core U.S. inflation recorded more robust figures, climbing 0.3% monthly and reaching an annual rate of 2.8%, but also in accordance with forecasts. Consumer spending increased by 0.4% monthly, as …

UK inflation unexpectedly rises to 2.3% in October 2024

The inflation rate, which measures price changes, hit 2.3% in the year to October 2024, a bigger-than-expected increase from 1.7% in September 2024. The increase was in part due to an increase in the regulator-set energy price cap that took effect in October 2024, which is expected to increase energy price inflation through the winter. …

U.S. inflation rate at 2.6% in October 2024 as expected

In October 2024, the U.S. consumer price index rose by 0.2%, bringing the annual inflation rate to 2.6%, aligning with expectations, according to the U.S. Bureau of Labor Statistics. The core CPI, which excludes food and energy, saw a monthly increase of 0.3% and an annual rate of 3.3%, also in line with projections. For …

U.S. inflation rate hits 2.1% in September 2024

Inflation saw a modest rise in September 2024, edging closer to the Federal Reserve’s target, as reported by the Commerce Department on Thursday 31st October 2024. The personal consumption expenditures (PCE) price index recorded a seasonally adjusted increase of 0.2% for the month, and the year-over-year inflation rate stood at 2.1%, aligning with predictions. The …

Euro zone inflation rises to higher-than-expected 2%

Inflation in the euro zone increased from 1.7% to 2% in October 2024, according to latest figures released on Thursday 31st October 2024, exceeding the forecast of 1.9%. weakening case for jumbo rate cut Both core inflation and services inflation reportedly remained the same as the previous month. The markets are anticipating a 0.25% reduction …