Data
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Real house price growth slowing slightly, BIS says
Advanced economies still seeing price increases that are close to historic highs
NY Fed releases supply chain pressure tracker
Recent months have seen resurgence of supply chain bottlenecks
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
BIS paper says people should have more power over their data
Authors propose “consent-based architecture” to let consumers control how data is used
BIS figures show banks cutting Russia exposures
Exposures down almost half since Russia annexed Crimea in 2014
UK inflation climbs to 7%
Rapid rise in fuel prices pushes inflation to new 30-year high
Surging US inflation tempered by small drop in expectations
Expectations fall over medium term but rise in short term
‘Financial concerns’ impact consumption – BoE paper
Households with financial worries have a higher marginal propensity to consume, survey shows
SNB profits rise to $28.5 billion
Central bank reaffirms pledge to halt appreciation of the franc
Eurozone inflation reaches new record high of 5.8%
Energy inflation remains main factor boosting prices, at 31.7% in February
Eurozone deficits and debt declined in Q3 2021
But debt levels in the bloc remain at high levels, especially in Southern Europe
UK inflation hits 30-year high
Figure is now highest since CPI series began, driven by energy and food prices
Sweden inflation hits highest level in 28 years
Rise likely to boost hawkish positions at next Riksbank policy meeting on February 10
Norway’s inflation reaches highest level since 2008
Headline reading reaches 5.3%, while core inflation increases by 0.5% to 1.8%
Podcast: why the future of data management sits in the cloud
Cloud technology has numerous benefits for central bank data management
BoE paper warns of ‘non-standard errors’
Researchers may introduce additional errors to data samples through their analysis
Eurozone unemployment declines to 7.3%
Youth unemployment rate also falls but is much higher at 15.9%
Podcast: central banks’ data models going granular
Vizor Software’s chief technology officer, Ryan Flood, provides an update on changes to central banks’ regulatory data models
Eurozone inflation hits record high of 4.9%
ECB expected to clarify the future of its stimulus programme on December 16
German inflation reaches 5.2% in November
ECB’s Schnabel says inflation will peak this month and will decline towards 2% target in 2022
Brazilian inflation may be stabilising – official data
Mid-November inflation reading was unchanged from October as rate of food price increases slows
House prices rising at fastest rate since global crisis – BIS stats
Advanced economies see sharpest average increase, but India records largest cumulative rise