Features

Money Minute Wednesday 9 October: Japan's “pipeline inflation”

In today's Money Minute we’ll get data on producer price inflation and machinery orders in Japan.

In the US latest today, the minutes from the Federal Reserve's most recent interest-rate setting meeting are released.As usual, the minutes will be picked over in great detail. Small shifts in language, or in the forecasts of individual members, can be made to seem extremely important by commentators and analysts.

However, the reality is that they have been superseded by events and probably have little relevance for the Fed's next interest rate decision at the end of this month.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.

And looking ahead to early tomorrow morning, we'll get data on producer price inflation and on machinery orders from Japan.Producer prices often described as "pipeline inflation" are still falling on an annual basis in Japan, and analysts expect that to have continued in September.Data for machinery orders shows how much equipment Japanese businesses have ordered. It gives an idea of how optimistic they are about future demand.

The data tends to be very volatile from one month to another. However overall the figure has been trending higher.

Advertisement

Recommended

Visit/520584/weak-inflation-data-may-gives-the-bank-of-england-an-excuse-to-cut-rates
Economy

Weak inflation data may gives the Bank of England an excuse to cut rates

UK inflation is edging lower, and is now well below the Bank of England’s 2% target rate. That could mean even lower interest rates. Here's why. 
15 Jan 2020
Visit/519858/how-long-can-the-good-times-roll
Economy

How long can the good times roll?

Despite all the doom and gloom that has dominated our headlines for most of 2019, Britain and most of the rest of the developing world is currently en…
19 Dec 2019
Visit/509411/inflation-little-changed-in-may
Economy

UK inflation little changed in May

The inflation rate in the UK was little changed in May, compared to last month. Here, John Stepek looks at what's been happening to prices in the UK.
19 Jun 2019
Visit/506085/get-set-for-an-inflation-scare
Economy

Get set for an inflation scare

Investors are getting complacent about inflation. They should prepare themselves for a fright.
3 May 2019

Most Popular

Visit/economy/600632/money-minute-friday-17-january-uk-weakness-likely-to-continue
Economy

Money Minute Friday 17 January: UK weakness likely to continue

Today's Money Minute previews UK retail sales figures the UK, inflation data from Europe and industrial production from the US.
17 Jan 2020
Visit/investments/property/house-prices/600638/uk-house-prices-may-be-heading-for-a-boris-bounce
House prices

UK house prices may be heading for a Boris bounce

The latest survey of estate agents and surveyors from the Royal Institution of Chartered Surveyors is "unambiguously positive" – suggesting house pric…
16 Jan 2020
Visit/520525/currency-corner-how-high-can-the-pound-go-against-the-euro-in-2020
Currencies

Currency Corner: how high can the pound go against the euro in 2020?

In the month in which we should finally leave the European Union, Dominic Frisby takes a look at the pound vs the euro and asks just how high sterling…
13 Jan 2020
Visit/investments/stocks-and-shares/share-tips/600636/class-acts-going-cheap-buy-into-europes-best
Share tips

Class acts going cheap: buy into Europe’s best bargains

Value investing appears to be making a comeback, while shares on this side of the Atlantic are more appealing on metrics such as price/earnings ratios…
16 Jan 2020