From http://www.catalannewsagency.com/news/business/prices-catalonia-stagnate-july-increase-26-compared-year-ago (in English)
Prices in Catalonia stagnated (no variation) over the month of July compared to the previous month. Compared to July 2011, they increased by 2.6%, whereas the last 12-month comparison (June 2011 to 2012) showed an increase by 2.2%. This annual inflation rate registered in Catalonia in July was the highest this year, despite the heavy recession environment. For the Catalan provinces, the prices in Barcelona also stagnated, with a 12-month increase of 2.6%; in Girona they increased by 0.2%, with a 12-month increase of 2.3%; in Tarragona prices increased by 0.5%, with a 12-month increase of 2.5%; and in Lleida they decreased by 0.1%, with a 12-month increase of 2.8%. For the whole of Spain, the annual inflation rate at the end of July was 2.2%.
Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts
Tuesday, August 21, 2012
Tuesday, October 18, 2011
Summary of economic news about Catalonia
In the last few days several news about the evolution of economy in Catalonia have been released. Here's a summary of the most interesting ones and the links where to read them more in detail, plus a small summary of the piece of news written in Catalan.
* Catalan economy grew by 0.7% from June 2010 to June 2011 - http://www.catalannewsagency.com/news/business/catalan-economy-grew-07-june-2010-june-2011 (in English)
* The worst September in 15 years for unemployment in Catalonia - http://www.catalannewsagency.com/news/politics/worst-september-15-years-16282-more-people-registered-unemployed-catalonia (in English)
* Annual inflation in Catalonia measured at 3.2% at the end of September - http://www.catalannewsagency.com/news/business/tobacco-fuel-prices-and-fresh-food-put-annual-inflation-catalonia-32-end-september (in English)
* House sales in Catalonia fell by 34% during August and in comparison with the previous years - http://www.catalannewsagency.com/news/business/house-sales-catalonia-fell-34-august-compared-previous-years (in English)
* Catalan exports increased by 14% in July - http://www.acc10.cat/ACC1O/cat/empresa-ACC1O/premsa/noticies-notes-premsa/2011/110925.jsp (in Catalan)
Catalan exports have increased by 19th consecutive month in July 2011 and they have amounted 5 billion euro, 27% of total Spanish exports. According to the press release, exports to the Euro zone have increased by 10.40%, whereas those to the rest of the world have increased by 18.16%. Exports to Asia have grown by 9.73%.
* Catalan economy grew by 0.7% from June 2010 to June 2011 - http://www.catalannewsagency.com/news/business/catalan-economy-grew-07-june-2010-june-2011 (in English)
* The worst September in 15 years for unemployment in Catalonia - http://www.catalannewsagency.com/news/politics/worst-september-15-years-16282-more-people-registered-unemployed-catalonia (in English)
* Annual inflation in Catalonia measured at 3.2% at the end of September - http://www.catalannewsagency.com/news/business/tobacco-fuel-prices-and-fresh-food-put-annual-inflation-catalonia-32-end-september (in English)
* House sales in Catalonia fell by 34% during August and in comparison with the previous years - http://www.catalannewsagency.com/news/business/house-sales-catalonia-fell-34-august-compared-previous-years (in English)
* Catalan exports increased by 14% in July - http://www.acc10.cat/ACC1O/cat/empresa-ACC1O/premsa/noticies-notes-premsa/2011/110925.jsp (in Catalan)
Catalan exports have increased by 19th consecutive month in July 2011 and they have amounted 5 billion euro, 27% of total Spanish exports. According to the press release, exports to the Euro zone have increased by 10.40%, whereas those to the rest of the world have increased by 18.16%. Exports to Asia have grown by 9.73%.
Tuesday, March 15, 2011
High inflation persisted in China in February
From http://www.ft.com/cms/s/0/96702c28-4b9a-11e0-89d8-00144feab49a.html (in English)
The inflation rate in China rose by 4.9% in February 2011, specially because of the increase on food prices, which were 11% higher from one year earlier and that rose by 0.7% since January. However, China’s central bank governor showed its confidence that the inflation rate will be kept below the target of 4%.
The inflation rate in China rose by 4.9% in February 2011, specially because of the increase on food prices, which were 11% higher from one year earlier and that rose by 0.7% since January. However, China’s central bank governor showed its confidence that the inflation rate will be kept below the target of 4%.
Monday, March 14, 2011
Annual inflation rate in Catalonia – February 2011
From http://www.expansion.com/2011/03/11/catalunya/1299837637.html and http://www.ine.es/daco/daco42/daco421/ipcpro0211.pdf (in Spanish)
Inflation rate in Catalonia increased 0.1% in February and interannual values reached 3.6%, as well as in overall Spain. Among the four Catalan provinces, Girona had the highest increase (0.4%) and the highest rate (4.1%), followed by Lleida (0.3% and 3.8%), Tarragona (0.3% and 3.7%) and Barcelona (0.1% and 3.5%).
Inflation rate in Catalonia increased 0.1% in February and interannual values reached 3.6%, as well as in overall Spain. Among the four Catalan provinces, Girona had the highest increase (0.4%) and the highest rate (4.1%), followed by Lleida (0.3% and 3.8%), Tarragona (0.3% and 3.7%) and Barcelona (0.1% and 3.5%).
Wednesday, February 9, 2011
Growth of Chinese economy in 2010 leads to increase in interest rates
From http://www.chinapost.com.tw/business/asia-china/2011/01/20/288422/Chinas-economy.htm and http://www.chinapost.com.tw/china/business/2011/02/09/290428/China-hikes.htm (in English)
Mainly due to investments in property, Chinese economy grew by 10.3% in year 2010. Experts worry about a potentially finantial bubble related to the property market, since a large portion of transactions are believed to be speculative. December inflation rate was 4.6%, which made the full year value reach 3.3%.
In order to prevent inflation from increasing to higher figures, in early February 2011 China's central bank has raised interest rates for the second time in just over a month, and for the third time since last October.
Mainly due to investments in property, Chinese economy grew by 10.3% in year 2010. Experts worry about a potentially finantial bubble related to the property market, since a large portion of transactions are believed to be speculative. December inflation rate was 4.6%, which made the full year value reach 3.3%.
In order to prevent inflation from increasing to higher figures, in early February 2011 China's central bank has raised interest rates for the second time in just over a month, and for the third time since last October.
Saturday, December 11, 2010
Inflation in China rises above 5% in November
From http://www.earthtimes.org/articles/news/357642,inflation-hits-28-month-high.html and http://www.chinapost.com.tw/china/business/2010/12/12/283332/Jump-in.htm (in English)
The consumer price index in China rose by 5.1% in November 2010, 0.7% up from the 4.4% of October. Food products have been the main factor for this important increase in inflation, since they grew 11.7% year-on-year. After the increase of interest rates of last October, another one is expected early next year in order to have inflation under control. Other economic indicators of this past November are a 13.3% increase year-on-year in the industrial output and a 18.7% increase year-on-year in retail sales.
The consumer price index in China rose by 5.1% in November 2010, 0.7% up from the 4.4% of October. Food products have been the main factor for this important increase in inflation, since they grew 11.7% year-on-year. After the increase of interest rates of last October, another one is expected early next year in order to have inflation under control. Other economic indicators of this past November are a 13.3% increase year-on-year in the industrial output and a 18.7% increase year-on-year in retail sales.
Thursday, October 14, 2010
Annual inflation rate in Catalonia - September 2010
From http://www.catalannewsagency.com/news/business/annual-inflation-rate-catalonia-reached-24-last-september (in English)
Annual inflation rate in Catalonia has reached 2.4% last September, whereas in the whole of Spain it was slightly lower, 2.1%. Among the four Catalan provinces, Girona had the highest rate, 2.8%, followed by Lleida (2.4%), Barcelona (2.3%) and Tarragona (2.2%).
Annual inflation rate in Catalonia has reached 2.4% last September, whereas in the whole of Spain it was slightly lower, 2.1%. Among the four Catalan provinces, Girona had the highest rate, 2.8%, followed by Lleida (2.4%), Barcelona (2.3%) and Tarragona (2.2%).
Annual inflation rate in Catalonia - September 2010
From http://www.catalannewsagency.com/news/business/annual-inflation-rate-catalonia-reached-24-last-september (in English)
Annual inflation rate in Catalonia has reached 2.4% last September, whereas in the whole of Spain it was slightly lower, 2.1%. Among the four Catalan provinces, Girona had the highest rate, 2.8%, followed by Lleida (2.4%), Barcelona (2.3%) and Tarragona (2.2%).
Annual inflation rate in Catalonia has reached 2.4% last September, whereas in the whole of Spain it was slightly lower, 2.1%. Among the four Catalan provinces, Girona had the highest rate, 2.8%, followed by Lleida (2.4%), Barcelona (2.3%) and Tarragona (2.2%).
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