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04.06.26 - 11:54
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UBS Warns El Nino May Intensify Food Inflation Across Asia (ZeroHedge)
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UBS Warns El Nino May Intensify Food Inflation Across Asia
By now, readers have a clear understanding that the Gulf-driven energy shock is on course to collide with a potential super El Niño weather event, creating what could be a dangerous second-order shock to food supply chains around the world.
The concern is that extreme heat and disrupted rainfall patterns could hit top agricultural growing belts, dent harvest output, and amplify existing supply stress. Even before those weather-driven impacts fully materialize, global food prices are already rising, suggesting that fertilizer and elevated diesel prices are beginning to be transmitted through the broader food supply chain.
Our Tuesday note on Thailand white rice, a regional Asian benchmark, surging 20% in May, the largest monthly increase in data going back to 2008, is another warning signal that the price action in the grain feeding half the world has entered a new upward impulse.
The troubling move in rice prices, including a 15% su...
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04.06.26 - 10:42
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Czech Inflation Eases More Than Expected In May (AFX)
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PRAG (dpa-AFX) - The Czech Republic's consumer price inflation moderated in May from a 6-month high in the previous month, preliminary data from the Czech Statistical Office showed on Thursday.Con......
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04.06.26 - 10:18
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EU-Inflation steigt - Märkte warten gespannt auf Juni-Sitzung der EZB (Anleihencheck)
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Stuttgart (www.anleihencheck.de) - Die Inflation im Euroraum hat im Mai weiter angezogen, so die Börse Stuttgart.
Laut einer Schnellschätzung von Eurostat, dem Statistischen Amt der Europäischen Union, sei die Teuerungsrate auf 3,2 Prozent im Jahresvergleich gestiegen, nach 3,0 Prozent im April. Haupttreiber bleibe die Energie mit einem Anstieg von 10,9 Prozent. [mehr]...
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04.06.26 - 10:12
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Swiss Inflation Remains Stable At 0.6% (AFX)
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BRUSSELS (dpa-AFX) - Switzerland's consumer price inflation held steady in May after rising to a 16-month high in the previous month, the Federal Statistical Office reported on Thursday.The consum......
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04.06.26 - 09:48
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Swedish Inflation Climbs To 7-month High In May (AFX)
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STOCKHOLM (dpa-AFX) - Sweden's consumer price inflation increased more-than-expected in May to the highest level in seven months, flash data from Statistics Sweden showed on Thursday.The consumer ......
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