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Economy in Brief
U.S. Unemployment Claims Continue on an Uptrend
Initial claims for unemployment insurance filed in the week ended August 6 rose 14,000 to 262,000...
RICS Survey Points to More U.K. Housing Sector Weakness
The survey of housing market conditions in the U.K. continues to show strength in prices versus weakness...
U.S. CPI Unchanged in July with Drop in Energy Prices
Consumer prices were unchanged in July after an outsized 1.3% m/m jump in June...
U.S. Federal Government Budget Deficit Shrinks in July
The U.S. Treasury Department reported a federal budget deficit of $211.1 billion in July...
U.S. Mortgage Applications Rose Slightly in the Latest Week
Mortgage applications increased 0.2% (-62.9% y/y) from one week earlier...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Robert Brusca September 19, 2007
Year-over-year German inflation is lower. But over six months and six months pressures are back in August. The small seeming 0.4% rise in August is enough to boost the three-month growth rate and the six-month rate. Currently, the configuration is showing classical inflation acceleration as the 3-month inflation pace exceeds the six- month pace which in turn exceeds the Yr/Yr pace. June had seemed to bring inflation trends to a head in Germany, then in July pressures backed off. Now in August they seem to be back.
%m/m | |||||||
Aug-07 | Jul-07 | Jun-07 | 3-mo SAAR | 6-mo SAAR | 12-mo | 12-moY-Ago | |
MFG | 0.2% | -0.1% | 0.3% | 1.4% | 1.9% | 1.0% | 5.9% |
Ex Energy | 0.4% | 0.1% | 0.4% | 3.3% | 2.9% | 2.7% | 3.0% |
7COLSPAN |