The Corner | March 30, 2015 | Consumer confidence in the EMU is set to hit its highest level in eight years, with economic sentiment improving across the currency block. In Spain, inflation figures are expected to remain in negative territory, but with the caveat that lower prices are having positive knock-on effects elsewhere in the economy.
The Corner | March 17, 2015 | EU wide inflation figures are expected to be in negative territory for the fourth consecutive month. Elsewhere in Europe, data on employment and economic sentiment are expected to show slight improvement for the month of February.
The Corner | March 13, 2015 | The ECB’s sovereign bond purchase programme has helped to reduce yields on Spanish bonds to record lows. Data from Italy is likely to show price falls in excess of 2%, while it will be no surprise to see further squabbling between Greece and its creditors over the weekend, particularly with yesterday’s intervention by the OECD.
The Corner | March 12, 2015 | EU inflation figures have offered a more encouraging picture than was predicted. Month-on-month inflation in the Spanish economy edged up 0.1% in February to 117.82, reversing a trend of four consecutive monthly declines.
The Corner | March 5, 2015 | Whatever it takes, don’t miss the mechanics of the European Central Bank’s next purchase programme starting on Monday.
The Corner | February 27, 2015 | Inflation edged up in January, but the figures are unlikely to stop increasingly confident Spanish consumers from spending.
MADRID | February 27th, | The Corner | Negative inflation is likely to be of more concern to German policy makers than it is to their Spanish counterparts today, with low prices being seen as good news for Spanish consumers and the economy as a whole. Elsewhere, attention will focus on Greek GDP, with the possibility that the latest data may underline some of the lingering difficulties between Greece and its EU partners.
SAO PAULO | February 24, 2015 | By Marcus Nunes via Historinhas | It took three years, but in late 2011 Poland finally botched up and went the way of the majority of countries, letting NGDP fall way below trend. They didn’t (correctly) react to the 2007-08 oil price rise, like the US, UK, EZ, etc. and fared well, but didn’t resist when oil prices picked up again in 2010-11, when, among the initial group, only the ECB was dumb enough to react.
The Corner | February 24, 2015 | Figures published today will give an indication of the current state-of-play in the euro zone, with the release of inflation statistics and final GDP figures from the German economy for 2014.
MADRID | The Corner | January ends with bad news for the eurozone: consumer prices fell sharply (0.6% lower than in January 2014, having been down 0.2% on an annual basis in December). This is nothing strange given cheap oil prices, merely adding stress for policymakers. The European Central Bank hopes to stop this decline in prices -the largest since July 2009- with its new bond-buying program starting in March.