Data
UK inflation dips below 10%
Lower fuel costs bring down headline figure, but underlying inflation remains strong
US household debt rising across the board
Delinquencies for subprime loans are approaching their pre-pandemic proportion
Housing affordability dropping across the US
Fed’s large rate hikes and constrained housing supply create tough market for buyers
US core inflation continues decline
Headline PCE inflation flat as food and energy inflation remains buoyant
Understanding informal remittances
Better tracking of remittance flows could give central banks valuable insights to support policy
FSB and IMF wrap up post-crisis data gaps initiative
Some issues remain despite “significant progress” since 2009, report finds
Central banks and UN working to improve remittance data
Flows are critical income sources for many economies, but data is often limited
Fed’s favoured inflation gauge falls
PCE inflation reading for April 2022 was down from March
Real house price growth slowing slightly, BIS says
Advanced economies still seeing price increases that are close to historic highs
NY Fed releases supply chain pressure tracker
Recent months have seen resurgence of supply chain bottlenecks
Small drop in US CPI hints at inflation reprieve
Economists estimate US is past inflation peak, but other G7 nations may still be on the upward leg
Norway’s headline inflation increases to 5.4%
Analysts say 50bp rate hike becoming more likely
BIS paper says people should have more power over their data
Authors propose “consent-based architecture” to let consumers control how data is used
BIS figures show banks cutting Russia exposures
Exposures down almost half since Russia annexed Crimea in 2014
UK inflation climbs to 7%
Rapid rise in fuel prices pushes inflation to new 30-year high
Surging US inflation tempered by small drop in expectations
Expectations fall over medium term but rise in short term
‘Financial concerns’ impact consumption – BoE paper
Households with financial worries have a higher marginal propensity to consume, survey shows
SNB profits rise to $28.5 billion
Central bank reaffirms pledge to halt appreciation of the franc
Eurozone inflation reaches new record high of 5.8%
Energy inflation remains main factor boosting prices, at 31.7% in February
Eurozone deficits and debt declined in Q3 2021
But debt levels in the bloc remain at high levels, especially in Southern Europe
UK inflation hits 30-year high
Figure is now highest since CPI series began, driven by energy and food prices
Sweden inflation hits highest level in 28 years
Rise likely to boost hawkish positions at next Riksbank policy meeting on February 10
Norway’s inflation reaches highest level since 2008
Headline reading reaches 5.3%, while core inflation increases by 0.5% to 1.8%
Podcast: why the future of data management sits in the cloud
Cloud technology has numerous benefits for central bank data management