Inflation is currently the Fed’s top concern. December year-on-year consumer inflation rates were elevated, with total CPI at 2.9%, core CPI at 3.2%, total Personal Consumption Expenditures ...
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
The Bureau of Labor Statistics reported that the Consumer Price Index rose 3.0% in January from year-ago levels, an uptick from December’s 2.9% rate. Year-over-year core CPI (which excludes ...
Clothing and footwear CPI moved up by 2.1 per cent. When prices for some items change significantly, ABS noted that measures ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
The Consumer Price Index (CPI)—which measures the cost of everyday goods and services—rose by 1.9% over the last twelve months, up from December’s 1.8% and matching analysts’ expectations.
Residents of rural Kittanning, Pennsylvania, still feel the sting of rising grocery prices a month after President Donald Trump was sworn into office.
The market expected the figure to remain unchanged at 2.9%, recorded in December. On a monthly basis, CPI showed an increase of 0.5%, following a 0.4% gain in December. Monthly inflation bucked ...
The cost of retail and other goods shrank 0.6 per cent in January, after a rise of 0.5 per cent in December. This drop was ...
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
The consensus expectations are that: the core CPI will increase by 0.3% MoM, which is higher than 0.2% in December, and the headline CPI will also increase by 0.3% MoM, which is lower than 0.4% in ...
Overall consumer price index (CPI) rose 3.6% in December from a year earlier, much faster than a 3.0% gain in the core index that strips away the effect of volatile fresh food prices. "Our aim is ...