This index is primarily used to determine current inflation and predict how prices might change in the near future. According to the Labor Department’s most recent report, CPI in February was 2. ...
(CNN) — Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month. The Producer Price Index, a wholesale inflation gauge that is being closely watched ...
(Reuters) -India’s retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices, giving the central bank room to cut rates further in coming ...
Retailers like Target Corp. and Best Buy Co. are warning of higher prices due to tariffs. That’s helping push long-term inflation expectations to an almost 30-year high. “Undoubtedly you’re going to ...
With views of current finances among the poorest Americans already near the lowest in 14 years, tariffs are set to add more pressure by making many everyday items even pricier. Low-income ...
The Bureau of Labor Statistics is forecast to say headline inflation declined year-over-year to 2.9% from 3%, while core inflation, which excludes volatile food and energy prices, also lost 0.1 ...
Equally, if not more, serious is the situation with regard to sugar. The output prospects and stocks position, which also matters for food inflation, seems most uncertain in these two commodities ...
(Reuters) – Argentine analysts held their forecasts for this year’s inflation nearly steady, according to the central bank’s market expectations survey published on Monday, predicting year-end ...
China’s consumer inflation dropped far more than expected to fall below zero for the first time in 13 months, an assessment skewed by seasonal distortions but also a sign of deflationary ...
NY Fed survey finds mostly stable February inflation expectations NY Fed: Public more worried about future financial situation NY Fed: Worry over job market outlook rising March 10 (Reuters ...
As economist Manuel Tecanho discusses in How Government Debt, Inflation, and Taxes Impoverish African Economies (Tecanho, 2022), “government deficit spending, monetary inflation, and high taxes are ...
The news: China’s Consumer Price Index (CPI) fell further than expected in February, dropping below negative for the first time in 13 months. The numbers: The country’s National CPI declined 0.7%, ...
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