martedì, novembre 14, 2006

Martedì 14/11/2006 - GBP The Consumer Price Index (CPI)

Data e ora dell'evento: martedì 14/11/2006 10:30am (GMT+1)

CPI m/m: The Consumer Price Index (CPI) measures the rate of inflation experienced by consumers when purchasing goods and services. A rising trend has a positive effect on the nation's currency. The primary objective of the central bank is to achieve price stability; when inflation rises above an annualized rate of approximately 2%, they will respond by raising interest rates to bring prices down. Higher interest rates attract foreign investment, thus increasing demand for the nation's currency. CPI is one of the most closely watched indicators and will usually have a high impact upon release.
Actual: 0.2% - Forecast: 0.2% - Previous: 0.1%

Core CPI y/y: Derivative of the Consumer Price Index (CPI) that excludes the volatile Food, Energy, Alcohol and Tobacco items. CPI with the exclusion of these volatile components is thought to be a better indicator of the underlying inflation trend and the central bank uses it as their primary inflation gauge, aiming to keep it at an annualized rate of 2%.
Actual: 1.4% - Forecast: 1.6% - Previous: 1.4%

Il dato dell'indicatore annualizzato è stato inferiore alle attese degli analisti, mentre quello su base mensile ha rispettato le attese. Il grafico seguente evidenzia chiaramente come al rilascio della notizia il rapporto EUR/GBP passi rapidamente da 0.6742 a 0.6760 in meno di 15 minuti.