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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Core Inflation Rate fell to 0.6% in December 2013
FMPMonthlyReleased January 2014
Ireland Core Inflation Rate fell to 0.6% in December 2013, released January 2014, down 0.2% from November's 0.8% reading.
Latest Release
0.600000
Actual
—
Consensus
0.800000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Core Inflation Rate (Ireland) was reported at 0.6% in January 2014. The reading fell from the previous value of 0.8%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update January 2014.
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Core Inflation Rate - IE
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About Core Inflation Rate — Ireland
DEFINITION
The Core Inflation Rate is a key financial indicator that measures the change in prices of goods and services, excluding volatile items such as food and energy. This indicator provides a more accurate representation of overall inflation trends and helps policymakers make informed decisions regarding monetary policy. It is widely used by investors, economists, and central banks to assess the health of an economy and its potential impact on financial markets. A stable and moderate Core Inflation Rate is generally seen as a sign of a healthy economy, while high or rapidly increasing rates can indicate potential risks of inflation.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2014): actual 0.6 %.