February 13, 2026
United States:
US Core CPI Picked Up at Start of Year on Firmer Services Costs
Underlying US inflation accelerated in January from a month earlier, boosted by a pickup in services costs.
The core consumer price index, which excludes often-volatile food and energy costs, increased 0.3% from December, according to Bureau of Labor Statistics data out Friday. Compared with January of last year, the measure rose 2.5%.
Europe:
ECB Has Yet to See Full Impact of Euro Appreciation, Kazaks Says
The European Central Bank is still waiting to see how severely the economy will be affected by the ascent of the euro that started in 2025, according to Governing Council member Martins Kazaks.
With estimates suggesting that it takes approximately 12 months for currency shifts to trickle through, “we will likely see the full impact of the euro’s strengthening last year toward late spring,” Kazaks said in an interview in Riga.
Asia:
China’s Credit Growth Picks Up on Seasonal, Government Boost
China’s credit expansion picked up more than expected from a year ago in January, boosted by strong government bond sales as well as seasonal factors driving financing activities.
Aggregate financing, a broad measure of credit, increased 7.2 trillion yuan ($1 trillion), according to data released by the People’s Bank of China on Friday.
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