Italy’s headline HICP inflation rate fell by 0.6% in January. Its domestic inflation measure fell by 0.2%. Both series show that inflation has dropped sharply. The Yr/Yr pace for the HICP, or harmonized rate, is 1.4% down from 3.2% a [...]
Introducing
Robert Brusca
in:Our Authors
Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media. Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.
Publications by Robert Brusca
Global| Feb 23 2009Italy's Inflation Rates Show Turn of Trend
- Global| Feb 20 2009
Euro Area PMIs Continue To Drop... Very Sharply
The European PMI readings are very weak again in February. In January there was a slight bounce in the indices for MFG as well as for Services but in February the weakness is back in force with the indices dropping very sharply - [...]
- Global| Feb 19 2009
Italy's Trade Flows Dive In December
Italy’s exports fell in December but imports plunged helping to boost the trade account and to shift the balance of trade on goods into surplus in December. Italy’s current account deficit is still on a deteriorating trend, even with [...]
- Global| Feb 18 2009
CBI Finds Further Weakening
The UK MFG sector weakened further in February. The total orders index is at its lowest since 2000 as is the export order reading. Stocks of finished goods have never had a higher reading. Looking ahead the expected outlook over the [...]
- Global| Feb 17 2009
Exports and Imports Plunge in the Euro Area as Deficit Contracts
Recession has hit the Euro Area trade flows hard as exports already lower by 6.8% lower in November fell by another 0.9% in December. But imports that fell by 4.8% on November fell by a further-chilling 3.9% in December. The [...]
- Global| Feb 13 2009
GDP In EMU Falls Hard In 2008-Q4
GDP is declining in the e-Zone at a very rapid rate. The fourth quarter GDP declines in the zone have been larger than had been expected. Declines in Europe are now generally worse than the declines in the US. Germany has just adopted [...]
- Global| Feb 12 2009
IP Drops Sharply Across Sectors in the Euro Area
Industrial production fell by a sharp 3% in December and is having its sharpest fall since the Euro Area data series began. The progressive growth rates show that GDP is getting weaker and weaker over shorter periods. In the fourth [...]
- Global| Feb 10 2009
IP Plunges in Main EMU Countries and Beyond
The list of countries reporting steep declines in industrial output continues. In the quarter-to-date (a full quarter now since we have December data) the pace of decline is roughly at a 25% annual rate. And that is steep indeed. [...]
- Global| Feb 10 2009
France: Insee Business Indicator Stops Falling
The Insee survey of French industry held steady at a reading of 73, the first time the index did not fall month-to-month since March 2008. The index and its trend are on their lowest reading since 1990 The likely trend reading is in [...]
- Global| Feb 10 2009
IP Plunges in Main EMU Countries and Beyond
The list of countries reporting steep declines in industrial output continues. In the quarter-to-date (a full quarter now since we have December data) the pace of decline is roughly at a 25% annual rate. And that is steep indeed. [...]
- Global| Feb 05 2009
IP Sectors All Dropping Fast
German IP is dropping fast with the headline off by 4.6% in December following a November decline of 3.8%. In the fourth quarter, German IP is falling at a 24.6% annual rate. The steel industry reports orders falling faster than any [...]
- Global| Feb 04 2009
EMU Services PMI's Slow Descent Signal In January
The EMU Services PMIs from Market show continued weakness in EMU and UK service sectors but not accelerating weakness. The signal for the Zone is just one month up from its low. Country indices are low in their respective ranges, but [...]
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