Inflation latest publications

June 16, 2021

Europe | The ECB continues with its gamble

June will be a key month for discovering how the two main central banks—the Federal Reserve (Fed) and the European Central Bank (ECB)—plan to begin to reverse the unprecedented expansionary policies launched at the start of the COVID-19 crisis.

June 14, 2021

Global | Is inflation coming back?

After having seemingly vanished as a source of concern for many years, the fear of inflation has re-emerged, along with the first green shoots of recovery.

May 24, 2021

U.S. | Interpreting April’s CPI: no reflation for now

The CPI index increased by 4.2 percent (year-over-year) for April, a record-high since 2008. The likelihood of persistently high inflation re-emerged as one of the driving forces in financial markets. We examine the sector-level price data to determine if such a concern is well supported.
  • Geography Tags
  • USA

May 21, 2021

Mexico | The increase in inflation is temporary

Inflation is increasing due to transitory factors. This means that the inflation in April of this year is the result of comparing the current price level against that observed in April 2020, which was the month when the strictest confinement due to the pandemic in the world was experienced

May 17, 2021

Europe | Marshall in Brussels

The pandemic has led to several historical comparisons, such as the 1918 influenza and the Roaring Twenties that followed. Another clear comparison is the massive Next Generation EU (NGEU) fiscal stimulus set to be launched in Europe, which resembles the Marshall Plan passed following World War II, but for the modern age.

May 13, 2021

Banxico points to keeping rates steady

As expected, Banxico acknowledged high inflation and rising risks, but at the same time noted that is still expecting inflation to converge to 3.0%, now in 2Q22.

May 4, 2021

Spain | What impacts will the increase in the cost of oil have?

Although historical evidence tells us that the increase in fuel prices observed over the last few months could considerably slow down recovery (by around one percentage point according to BBVA Research), there is reason to think that this time could be different.

May 3, 2021

Peru | Inflation falls in April following a downward correction in food prices

In April, the Consumer Price Index decreased by 0,10%. With this outcome, inflation fell from 2,6% in March to 2,4% in year-on-year terms, mainly explained by the normalization of food prices.
  • Geography Tags
  • Peru