January 14, 2026
United States:
Prices Paid to US Producers Rise on Jump in Energy Costs
US wholesale inflation picked up slightly in November from a month earlier on a jump in energy costs, even as prices for services were unchanged.
The producer price index rose 0.2% after climbing 0.1% in the prior month, according to the Bureau of Labor Statistics.
Europe:
BOE’s Taylor Urges Rate Cuts as Chinese Goods Curb Inflation
Bank of England rate-setter Alan Taylor said there are signs of “substantial trade divergence” that is lowering UK inflation as fresh data confirmed China is shifting exports to the rest of the world in response to US President Donald Trump’s trade war.
Taylor said UK inflation, currently 3.2%, is on course to fall to the 2% target in mid-2026 and remain there sustainably given that wage growth is cooling.
Asia:
Japan’s Takaichi Set to Call Early Election to Shore Up Mandate
Japanese Prime Minister Sanae Takaichi will call a snap election early in the parliamentary session starting later this month, in a bid to shore up her leadership and secure a mandate for the new ruling coalition.
Takaichi told officials from the ruling bloc that she will give more details of the dissolution on Jan. 19, according to Liberal Democratic Party Secretary General Shunichi Suzuki and Hirofumi Yoshimura, co-leader of the Japan Innovation Party, the LDP’s coalition partner.
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