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VIII. Indicators calendar

Authors
Publisher
Universidad Carlos III de Madrid
Publication Date
Disciplines
  • Agricultural Science

Abstract

Microsoft Word - BIAM170_ing.doc -2 -1 0 1 2 3 4 5 6 2005 2006 2007 2008 2009 2010 INFLATION IN U.S. year-on-year rates Core Total GVA IN SPAIN year-on-year rates -13 -11 -9 -7 -5 -3 -1 1 3 5 7 9 11 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 TOTAL (GDP) Industry Construction Non-market services Instituto Flores de Lemus Second Phase BULLETIN OF E.U. AND US INFLATION AND MACROECONOMIC ANALYSIS Universidad Carlos III de Madrid N. 170 November 2008 MONTHLY DEBATE The volatility of world food prices and their impact in Spain. By Carlos San Juan PAG. 74 “In 2008, we are seeing very fast movements in the trading prices of leading agricultural products on the international markets, which have affected food prices in Spain. This paper attempts to explain the main causes of this evolution of market prices, relating external and internal factors” The recent Evolution of Labour Costs in the Spanish Economy PAG. 59 “Most nominal salary indicators have been registering a moderate tone since the mid-nineties, parallel to the evolution of inflation. This trend, however, was interrupted last year, especially in the second half, and salaries continue to increase in 2008. To a great extent, this responds to the effects of the latest external oil and food price shocks, through the price/salary ratio.” THE CRISIS IN THE CONSTRUCTION AND INDUSTRIAL SECTOR LOWERS GROWTH EXPECTATIONS FOR THE SPANISH ECONOMY. WE EXPECT A GDP CONTRACTION OF 1.3% IN 2009 AND A GROWTH OF 0.3% IN 2010 THE ANNUAL INFLATION RATE IN UNITED STATES WILL BE NEGATIVE DURING 5 MONTHS IN MID 2009. THE CORE INFLATION RATE WILL REMAIN STABLE AROUND 2.0% IN 2009-2010 Source: BLS & IFL (UC3M) Date: November 19, 2008 Nº 1

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