EU inflation trend on the rise – Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Delhi) – Research Team at Nomura, suggests that the Europe’s inflation trend is on the rise sharply but the rise is shorter than in the UK.

    Key Quotes

    “UK inflation did not match the euro area’s rise during October, owing to tuition fees. Big upcoming base effects will drive inflation rates generally higher, but they are bigger in the euro area, so the UK rate will likely slip further behind.”

    “The more advanced position of the UK economic cycle appears to be placing it on a more normally sloped and thus inflationary part of the Phillips curve. So by Q2, UK inflation is likely to have reasserted its relatively brisk pace, in our view.”
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