Euro zone € June CPI decline since its creation the first see deflation

16 countries in the euro area in June consumer price index (CPI) fell over the same period last year, the euro was created for the first time since the situation of deflation. United States June CPI is incremental than in the previous month, but the level of last year also appears in 1950 to the deepest of deflation.

According to Taiwan joint news network news, the European Statistical Office (Eurostat) 15, published June CPI in the euro area, compared with last year's downturn 0.1%, euro area statistics since 1997, first see deflation, but may increase 0.2%. Removal of energy, food and wine in the core CPI over the previous month decreased by 0.1% over the same period last year increased 1.4%. The European Central Bank (ECB) has been foreseen in the euro area will appear of deflation (falling prices) situation, it is estimated that only lasts for a short period of time, would not constitute a permanent threat of deflation.

United States on the other hand, the United States Department of labor published June CPI to rise over the previous month 0.7%. Higher than the 5-month 0.1% increase, also exceeded analysts ' expectations. Excluding food and energy in the so-called core CPI 0.2%.

But on the whole, the United States June CPI over the same period last year decline 1.4% invasive since January 1950 most recorded deflation.

United States Department of labor said that gasoline prices are United States June prices of maximum power, single up 17.3% in September 2005, the biggest monthly rise since. Overall energy price increases of 6-month 7.4%.

United States gasoline price this month been with crude oil prices decline. According to the American Automobile Association (AAA) statistics, to 13 July date July average gasoline price per gallon, which is lower than the $ 2.52 6-month average of $ 2.64. Recent West Texas light crude oil futures price 15, up to $ 60.63 per barrel, June 11, closing price is $ 72.68.

Observations of the European Central Bank is the overall consumer prices fluctuate, United States Federal Reserve Board (Fed) you pay more attention to eliminating energy and food prices in the core CPI. United States June core CPI up 1.7 over the same period last year.

CPI is the United States three price indicators, covering the widest range of a because both the prices of goods and services. According to the United States Government statistics, import prices rose in June, the barge 3.2% sale prices 1.8%, both in price than consumer price increases.