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| NEWS | EURO AREA Inflation Read more+ A revision of our expectations for unprocessed food has increased the total HICP forecast for 2012 and 2013 to 2.4% (±0.38) and 1.4% (±0.98), respectively. April 17, 2012 | Industrial Production Read more+ While euro area industrial production could stabilise at positive year-on-year growth rates after March-April, Spanish industry will not come close to zero growth until the end of 2013. The euro area Industrial Production Index (IPI) fell in January to a year-on-year rate of 1.2%, although we had forecast 0 growth. This is the second consecutive month that the figure has fallen. March 29, 2012 |
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| Economic Growth Read more+ The GDP average growth forecast for 2012 has been revised upwards by 0.2 pp to 0.2%(±1.2). The likelihood of technical recession in the first quarter is 50% March 21, 2012 | USA Inflation-IPC Read more+ Core inflation expectations grow slightly The annual general CPI rate is expected to temporarily fall to 1.7% in May, due to energy prices. April 16, 2012 | Inflation-PCE Read more+ IIn February, the core PCE index registered a monthly growth rate of 0.13%, very slightly higher than the forecast 0.11%. On the other hand, the Department of Commerce revised January’s annual rate upwards from 1.88% to 1.93%. March 30, 2012 |
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