Price indices

CPI Aerostructures Schedules First Quarter 2020 Earnings Release and Conference Call

Friday, September 25, 2020 - 8:00pm

(CPI Aero) (NYSE American: CVU) announced that it will report its fiscal first quarter financial results ended March 31, 2020 after the market close on Wednesday, September 30, 2020.

Key Points: 
  • (CPI Aero) (NYSE American: CVU) announced that it will report its fiscal first quarter financial results ended March 31, 2020 after the market close on Wednesday, September 30, 2020.
  • Management will host a conference call and webcast to discuss the companys financial results at 8:30am ET on, Thursday, October 1, 2020.
  • The live webcast of the conference call and accompanying slide presentation can be accessed via the Investors section of the CPI Aero website .
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on Twitter @ CPIAERO .

The role of indirect taxes in euro area inflation and its outlook

Friday, September 25, 2020 - 12:04am

Changes in indirect tax rates can have a visible impact on consumer prices.

Key Points: 
  • Changes in indirect tax rates can have a visible impact on consumer prices.
  • This assumes the full and immediate pass-through of changes in indirect taxes to consumer prices and therefore, on balance, tends to overstate the effects of tax changes.
  • [1] Based on this measure, the contribution from changes in indirect taxes to euro area HICP inflation has been, on average, 0.2 percentage points, but was much stronger during periods when tax rates increased, such as in 2007 and between 2011 and 2014 (see Chart A).
  • Chart A HICP and HICP at constant tax rates (annual percentage changes; percentage point contributions)
  • However, in response to the coronavirus (COVID-19) pandemic, several euro area countries have reduced indirect tax rates on a scale not seen before in the euro area.
  • In addition to temporary reductions in broad-based value added taxes (VAT) in Germany and Ireland, many other euro area countries have recently introduced targeted reductions in indirect taxes (see Chart B).
  • [2] Assuming full and immediate pass-through, Eurostats HICP at constant tax rates implies that the reduction in VAT in Germany would have a downward impact on euro area HICP inflation in July 2020 of around 0.6 percentage points.
  • [3] Chart B Impact of changes in indirect taxes on HICP inflation (percentage point contributions based on difference between HICP and HICP at constant tax rates)
  • The actual impact of the recent reductions in indirect taxes on inflation is surrounded by considerable uncertainty.
  • First, historically there are few examples of cuts in indirect tax rates in euro area countries that could shed light on the likely degree of pass-through.
  • Lastly, the lions share of the current reduction in indirect taxes results from the VAT rate cut in Germany, which is only temporary (and very rare in euro area countries), and might thus generate unusual anticipation effects.
  • [6],[7] The pass-through of recent reductions in indirect taxes is likely to vary across sectors and to be overall incomplete.
  • The reductions in indirect tax rates in euro area countries shape the inflation profile for 2020 and 2021 in the September 2020 ECB staff projections.
  • Understanding the impact of indirect taxes on the inflation profile and outlook is relevant for the communication of monetary policy.
  • Chart C Impact of changes in indirect taxes on HICPX inflation projections (annual percentage changes; percentage point contributions)

DGAP-News: CPI PROPERTY GROUP - New Hybrid Issue and Tender Offer Results

Wednesday, September 16, 2020 - 8:01pm

CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.

Key Points: 
  • CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.
  • On 17 September 2020, CPIPG will issue 25 million of additional New Hybrids, bringing the total notional amount to 525 million.
  • Today, the Group announced that 328 million of the 2023 Hybrids and 12 million of 2022 Notes were accepted in the tender offer.
  • For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
    For further information please contact:

CPI Token Storms Out of the Gates With Over 2,300% Price Increase in Under 1 Month, and Several New Exchange Listings This Week

Monday, August 17, 2020 - 9:25pm

Now, with CPI (Crypto Price Index) tokens, crypto enthusiasts can do just that.

Key Points: 
  • Now, with CPI (Crypto Price Index) tokens, crypto enthusiasts can do just that.
  • CPI offers users the ability to create a basket of the top 200 cryptos and track price movements.
  • After CPI's recent announcement that trading on HotBit exchange would imminently commence, the price has risen a staggering 2,300%.
  • And for a token which started at $5, that means the price is now over $115 for just one CPI.

Recent developments in euro area food prices

Wednesday, July 29, 2020 - 12:05am

Prepared by Ieva Rubene Food prices can be an important driver of euro area headline HICP inflation, as food accounts for almost 20% of the HICP consumption basket and food price inflation is highly volatile.

Key Points: 
  • Prepared by Ieva Rubene Food prices can be an important driver of euro area headline HICP inflation, as food accounts for almost 20% of the HICP consumption basket and food price inflation is highly volatile.
  • Against this background, this box reviews recent developments in euro area food prices in an environment that has been affected by the coronavirus (COVID-19) pandemic.
  • The April 2020 surge in euro area food prices was strong even in the light of food prices having been volatile in the past.
  • The month-on-month increase in total food prices reached an exceptional 1.1% in April, a rate almost never observed since 1999 (excluding the few temporary large hikes due to changes in indirect taxes).
  • As food prices are highly seasonal, especially for unprocessed food, changes in a given month should be compared with the same month in other years.
  • Although the increase was less pronounced for overall processed food prices, it was clearly higher for certain items such as bread, pasta and other flour products, as well as meat.
  • Chart A Monthly price developments in euro area consumer food prices during the COVID-19 lockdown (month-on-month percentage changes; non-seasonally adjusted data)
  • Food production in the euro area is characterised by strong supply linkages within the sector.
  • According to the euro area input-output table, the main input for the manufacturing output of the food sector is domestic processed and unprocessed food products (approximately 40% of all inputs).
  • Food products imported from outside the euro area only make up a small share of the food sectors total production costs (around 5%).
  • [6] Overall, this suggests that the disruption of supply chains within the euro area, including distribution networks, that has been observed during the COVID-19 pandemic may have had important implications for the food supply and, therefore, prices.
  • Detailed sectoral data for euro area imports do not provide the breakdown of food imports used for domestic production and food imports delivered directly to shops for household consumption.
  • Nevertheless, data on total food imports can provide some information on which food products are potentially more sensitive to supply chain disruptions.
  • Eurostat trade data for 2019 show that around 40% of food imports from outside the euro area were from the other EU countries (including the United Kingdom).
  • However, there is also substantial trade in food products within the euro area.
  • Chart B Composition and direction of euro area food imports in 2019 (percentages of total euro area imports of food products)

Catch Emirati-Supported Crypto Price Index's Hotbit Exchange Listing on 15th July 2020

Tuesday, July 14, 2020 - 9:00am

ST. JULIAN'S, Malta, July 14, 2020 /PRNewswire/ -- Crypto Price Index have announced details of their CPI token sale, which launches on HotBit exchange on 15th July 2020.

Key Points: 
  • ST. JULIAN'S, Malta, July 14, 2020 /PRNewswire/ -- Crypto Price Index have announced details of their CPI token sale, which launches on HotBit exchange on 15th July 2020.
  • CPI will bring much-needed stability to crypto markets with its suite of tokens whose value is based on the average of top-trading tokens."
  • To power the CPI ecosystem, Crypto Price Index have partnered with HotBit Exchange to facilitate the release of CPI tokens to the public beginning on 15th July 2020.
  • In Q4 of 2019, Crypto Price Index made an incredible partnership with prominent Emirati families, as seen on Cointelegraph .

CPI Aerostructures Receives $5 Million Long-Lead Funding to Supply Wing Components for E-2D Advanced Hawkeye

Thursday, June 25, 2020 - 1:00pm

CPI Aero has been delivering OWP components and kits for multiple configurations of the E-2D Advanced Hawkeye since 2008.

Key Points: 
  • CPI Aero has been delivering OWP components and kits for multiple configurations of the E-2D Advanced Hawkeye since 2008.
  • Douglas McCrosson, President and CEO of CPI Aero, stated, The E-2D Advanced Hawkeye has been an important aircraft platform for CPI Aero for the past decade and will continue to be so well into the future.
  • In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com , and follow us on Twitter @CPIAERO .

Second Month of Deflation Since 2009

Wednesday, June 17, 2020 - 4:45pm

Ottawa, ON, June 17, 2020 (GLOBE NEWSWIRE) -- Ottawa, June 17, 2020The Conference Board of Canadas Economist Anna Feng offers the following insights on today's Consumer Price Index (CPI) data:

Key Points: 
  • Ottawa, ON, June 17, 2020 (GLOBE NEWSWIRE) -- Ottawa, June 17, 2020The Conference Board of Canadas Economist Anna Feng offers the following insights on today's Consumer Price Index (CPI) data:
    Consumer prices were off their year ago level (-0.4 per cent) again in May, recording the second month of deflation since 2009.
  • Depressed oil prices combined with suppressed household demand for discretionary spending contributed to Mays deflation.
  • This is the second month of negative price growth since 2009.
  • The average of the three core inflation measures sat at 1.7 per cent last month, 0.3 per cent below the Banks 2.0 per cent target.

Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index

Wednesday, June 17, 2020 - 3:30am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200616006070/en/
    A new index launched by Moodys Analytics in collaboration with Datium Insights reveals that Australian wholesale used-vehicle prices increased by 10.6% from April to May of this year.
  • Moodys Analytics developed the index by using used-vehicle transaction data from Datium Insights to track the average prices of used vehicles in Australia.
  • The Datium Insights-Moodys Analytics Used Vehicle Price Index differs from the motor-vehicle Consumer Price Index produced by the Australian Bureau of Statistics by focusing on sale prices of vehicles rather than the utility derived by consumers from the prices paid.
  • Learn more about the Datium Insights-Moodys Analytics Used Vehicle Price Index methodology , and associated analysis of recent trends.

Inflation measurement in times of economic distress

Friday, May 15, 2020 - 12:02am

Prepared by Omiros Kouvavas, Riccardo Trezzi, Bernhard Goldhammer, and Jakob Nordeman Published as part of theECB Economic Bulletin, Issue 3/2020.

Key Points: 
  • Prepared by Omiros Kouvavas, Riccardo Trezzi, Bernhard Goldhammer, and Jakob Nordeman Published as part of theECB Economic Bulletin, Issue 3/2020.
  • This reflects the indexs purpose of measuring pure price changes without accounting for adjustments in consumption patterns.
  • In times of sharp economic contraction such as those triggered now by the coronavirus (COVID-19) pandemic, such adjustments can occur over shorter horizons.
  • This box explains inflation measurement issues both in the context of general economic downturns and in the current situation triggered by the COVID-19 shock.
  • The extent to which consumers will adjust their consumption patterns in response to the COVID-19 crisis is surrounded by considerable uncertainty.
  • Its inflation numbers therefore tend to be higher than the increase in total household expenditure inflation, as households practise substitution, opting for less expensive items.
  • Past episodes of economic distress provide evidence for changes in consumption weights.
  • [6] At the current juncture, household consumption is affected by supply-side constraints, such as closure of retailers or scarcity of products on the shelves.
  • High-frequency data suggests that the expenditure changes triggered by the current crisis might imply weights for individual categories outside the historical boundaries.
  • Having said this, the actual household consumption profile for the current year remains underpinned by a high degree of uncertainty.
  • [8] Chart B Heterogeneity of euro area HICP items inflation rates