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German Inflation Weakens More Than Expected In April


Germany's EU harmonized inflation eased more than economists expected in April, latest data showed Monday.



Inflation as per the harmonized index of consumer prices (HICP) slowed sharply to 1.1 percent in April from 1.8 percent in March, the Federal Statistical Office said. Economists had forecast a much slower deceleration to 1.7 percent.



Sequentially, the HICP decreased 0.5 percent in April, after rising 0.4 percent in the previous month. It was expected to drop 0.1 percent.



At the same time, the consumer price index increased 1.2 percent year-on-year in April, slower than the 1.4 percent gain seen in March. Economists were looking for an annual growth of 1.4 percent.



Consumer prices decreased 0.5 percent compared to March, when they increased by 0.5 percent. Economists expected prices to drop 0.2 percent month-on-month.





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2013-4-29 17:42

Brazil February Inflation Rises More Than Expected


Brazil's consumer price inflation accelerated more than economists expected in February, data released by statistical office IBGE showed Friday.



Inflation as per the consumer price index increased to 6.31 percent in February from 6.15 percent in January, while economists had forecast a more modest acceleration to 6.2 percent.



The consumer price index moved up 0.6 percent compared to January, when it rose by 0.86 percent. Economists were looking for a 0.49 percent gain, data showed.



Food and beverages prices rose at a slower pace of 1.45 percent month-on-month in February than 1.99 percent in the previous month. Housing costs dropped 2.38 percent, after falling 0.2 percent in January.



Transportation costs were higher by 0.81 percent from the previous month, and costs of wearing apparel up by 0.55 percent, data showed.





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2013-3-8 16:44

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