February 15, 2023
Via: DailyFXAfter a choppy session, EUR/USD ended largely flat after US CPI data provided little cues on the future path of Fed policy, reasserting the broader consolidation backdrop in EUR/USD. While consumer prices rose 6.4% on-year in January, the smallest rise […]
January 20, 2023
Via: The Wall Street JournalAfter a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to normal? The inflation benchmark, measuring price growth over a year, hit a 40-year high in June after months of sustained […]
December 19, 2022
Via: Natalie DunnThere is no question that the COVID-19 pandemic has produced some important negative consequences that continue to affect the global economy. One of the most significant consequences was undoubtedly the surging inflation, which is closely related to other economic and […]
December 13, 2022
Via: ABC NewsInflation in the United States slowed again last month in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households. Consumer prices rose 7.1% in November from a year ago, the government […]
November 10, 2022
Via: ABC NewsThe nation’s punishing inflation rate likely kept simmering in October, giving the Federal Reserve little cause to ease up in its drive to slow price increases by steadily raising interest rates. The Labor Department is expected to report Thursday that […]
November 3, 2022
Via: ABC NewsAnnual inflation in Turkey continued to rise in October, official figures showed Thursday, pushing the price of essential goods higher and amplifying a cost-of-living crisis in the country. Consumer prices rose to 85.51% in October from a year earlier, and […]
October 10, 2022
Via: ABC NewsWorld shares were mostly lower on Monday, with Chinese markets logging moderate losses after reopening from a weeklong holiday to news of more lockdowns in China due to rising COVID-19 cases. Shares fell in Hong Kong, Shanghai, Paris and London […]
September 29, 2022
Via: ABC NewsBattered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Thursday, unchanged from its previous second-quarter estimate. It marked the second consecutive quarter of economic […]
September 27, 2022
Via: Natalie DunnConcerns about a future recession are now on the rise and inflation remains unexpectedly high. Geopolitical issues, like Russia’s war in Ukraine and new tensions with China, seem to be impacting economic recovery in most Western countries, including the US. […]
September 22, 2022
Via: Markets InsiderHong Kong’s consumer price inflation held steady in August, after accelerating in the previous two months, data released by the Census and Statistics Department showed on Thursday. Consumer prices rose at a stable rate of 1.9 percent year-over-year in August. […]
August 10, 2022
Via: NBC NewsInflation reached 8.5% in July, compared with a 40-year high of 9.1% in June, providing a measure of relief to consumers as gas prices fall. Economists surveyed by The Wall Street Journal had projected inflation in July to fall to […]
May 11, 2022
Via: NBC NewsThe inflation rate was little changed from March to April, a potential sign that the rapid growth in the cost of goods and services may soon taper off. Consumer prices rose 0.3 percent in April after rising 1.2 percent in […]
April 12, 2022
Via: Investing.comThe Nasdaq led Wall Street’s main indexes higher on Tuesday after data showed consumer prices rose largely in line with estimates, taking pressure off high-growth stocks that were hammered on expectations of aggressive U.S. interest rate hikes. The Labor Department’s […]
March 24, 2022
Via: NBC NewsU.S. shoppers have faced sticker shock as goods from cars to steak to gasoline have gotten much costlier, in some cases very rapidly. Now, consumers can add mortgages to the list. While interest rates are still quite low by historical […]
August 31, 2021
Via: ABC NewsConsumer prices spiked higher than expected in Europe in August, boosted in large part by more expensive fuel. Economists say the jump is temporary, but it could raise questions about how persistent higher inflation might turn out to be. The […]
June 10, 2021
Via: USA TODAYAmerican consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. The May rise in consumer prices that the Labor Department reported Thursday […]
May 12, 2021
Via: CNBCInflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of […]
April 29, 2021
Via: CNBCEconomic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday. Gross domestic product, the sum of […]
April 13, 2021
Via: CNBCConsumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday. The consumer price index […]
Industries, Retail & Wholesale
December 10, 2020
Via: ABC NewsU.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs. The gain in the consumer price index followed a flat reading in […]