Drugshond | dinsdag 24 maart 2009 @ 16:26 |
U.K. inflation rises unexpectedly Bank of England says prices will fall as the economic downturn rages on, despite surprise rise in February. The Bank of England said inflation will soon moderate in the United Kingdom. LONDON (Reuters) -- British consumer price inflation rose unexpectedly to 3.2% year-on-year in February, official data showed on Tuesday, forcing Bank of England Governor Mervyn King to write a letter explaining why it remains so far above the 2% target. The Office for National Statistics also said retail price inflation, another measure of prices, eased less than expected to stand flat on the year. That was the weakest reading since 1960, but confounded expectations that it would fall into negative territory. Analysts had expected the headline CPI figure to ease to 2.6% from 3.0% in January. 0:00 /1:06Prices rise in euro zone In a letter to finance minister Alistair Darling explaining why inflation remains strong, King said the figure could reflect the transmission of weak sterling to consumer prices. However, he said that the central bank believed the sharp decline in CPI inflation was likely to resume in the next few months when lower energy prices and slower demand growth feed through. Some analysts expect consumer price inflation to fall into negative territory later this year as the downturn continues and last year's energy price increases fall out of the statistics. "[The figure is] much higher than expected, with the exchange rate probably to blame for now," said Alan Clarke, UK Economist, BNP Paribas. "We erred on the side of caution. We thought there was a risk to the upside ... but nothing of this magnitude," he said. "The exchange rate is having an effect and the fact that that's played out in food prices gives some support to that theory." The ONS said the biggest upward impact on inflation came from food and soft drinks, with the prices of vegetables showing particularly strong rises. Transport prices also rose more than a year ago, reflecting an increase in the price of gasoline of £0.032 per liter ($0.012 per gallon) between January and February, the ONS said. Lower interest rates and housing costs, however, helped to push down retail price inflation to zero. ----------------------------------------- Toch een beetje een startoff of an new period. Je zou eigenlijk een deflatoir scenario verwachten maar ik zie meer seinen dat de inflatie opmars gaat beginnen. Als Amerika problemen krijgt met het doorverkopen van zijn schuldpapier zie ik een soortgelijk scenario wereldwijd (en die kans zit er dik in). De economie is nu verre van hersteld.... banken zitten nog op het geld (en lenen weinig meer uit). Maar de gewone consument trekt het nauwelijks meer. Het scenario in Engeland is redelijk treffend te noemen.... ze hebben een eigen munt... en zijn behoorlijk zwaar geraakt door deze crisis. En dankzij alle steunoperaties (en dat waren er een boel, en yet more to come) gaat de spingveer weer terug klappen.... Schrijft in zijn agenda.... hypo fixed %-perc zo lang mogelijk vastzetten. | |
Drugshond | dinsdag 24 maart 2009 @ 16:27 |
gooi maar op slot.... zie een beter topic. | |
PietjePuk007 | dinsdag 24 maart 2009 @ 16:32 |
Ok |