Inflation in UK falls below zero

Note: This section contains information in English only.
Source: Bloomberg
Britain's consumer prices dropped 0.1% in April on the annual basis and missed the forecast of 0.0%. Negative inflation rate is seen in the UK for the first time since 1960 and is affected mainly by a dip in energy and food prices. With the inflation is well below the BoE's 2% target, the Governor Mark Carney is under a pressure but the falling prices are expected to be temporary.
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Tue, 19 May 2015 13:38:04 GMT

German ZEW at a five-month low

Economic sentiment in Germany declined in May to 41.9 and hit a five-month low, while a decrease to 49 from 53.3 in the prior month was expected. Investors are pessimistic after the poor data coming from the powerhouse showed a slowdown in Q1 when German GDP rose 0.3%, after the 0.7% increase in the last three months of 2014.

Tue, 19 May 2015 10:49:04 GMT

Expected inflation in New Zealand rises, Kiwi gains

New Zealand inflation expectations  for next two years increased to 1.85 % from the 1.8% expected in February, while year-ahead forecast jumped to 1.32% from the previous 1.11%. Expectations of future inflation can be reflected in real inflation that dampened a pressure on the RBNZ to cut its interest rate. After the release, the Kiwi gained about 0.62% to $0.7436

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