The week of 9–13 December 2024 is set to be pivotal for investors and traders, with significant economic data releases and central bank decisions poised to influence global financial markets. Key events include the U.S. Consumer Price Index (CPI) report, which will provide insights into inflation trends and potential Federal Reserve policy adjustments. The European Central Bank (ECB) is anticipated to announce a rate cut, reflecting ongoing economic challenges in the Eurozone. Additionally,...

... markets and emerging markets at the beginning of September. Inflation in Europe: Price Increases in Germany Hit ECB Target Macroeconomic data from Europe remind us of ongoing price risks. In Germany, the preliminary estimate of the Consumer Price Index (CPI) for August recorded a rise in inflation to 2.2% year-on-year (up from 2.0% in July). This result slightly exceeded analysts' forecasts (~2.1%) and surpassed the European Central Bank's target of 2%. Core inflation remains persistent (around 2.7% ...

... instance, if a product cost 1000 rubles a year ago and today it costs 1100 rubles, there has been a 10% rise in prices, and the purchasing power of money has decreased by 10%. The inflation rate is typically calculated based on the Consumer Price Index (CPI), which reflects changes in the cost of a fixed "basket" of goods and services. Inflation occurs in any economy and is even considered normal when the price increase is modest. However, a sharp rise in prices can complicate life for businesses ...