Google Analytics

Saturday, February 1

31st Jan - Friday's dataload

Euro area annual inflation down to 0.7% - Eurostat
More pressure on the ECB from low inflation – Danske Bank
Inflation back to October-lows – Nordea

Euro area unemployment rate at 12.0% - Eurostat
European Unemployment By Country – ZH

ECB deflation risk denial has echoes of 2009Reuters
It may be true that the euro zone is further away from deflation now than it was in 2009, not long after a historic crash in stock markets around the globe. But waiting for deflation to set in while hoping for a different outcome could derail an already very fragile economic recovery.

There are Economic Jitters on Both Sides of The Old Iron CurtainWSJ
Deflation, thus, is spreading from the euro zone to Eastern Europe and then bouncing back again. That will only be made worse if eastern European defaults rise as they become unable to pay back their ballooning–in local currency terms–debts to western European banks.

PCE inflation rate lowest since 2009 - key to future Fed policy – Sober Look
Personal income and outlays December 2013 – BEA
PI up less than 0.1% in December, Core PCE prices up 1.2% y-o-y – Calculated Risk
Real Disposable Income Plummets Most In 40 Years – ZH
Consumer spending rises in December, income flat – Reuters
Consumer sentiment dips in January – Reuters
Final January Consumer Sentiment at 81.2, Chicago PMI at 59.6 – Calculated Risk
Real spending up 0.2 percent in December, stronger than expected – Handelsbanken