US Consumer Price Index – US CPI The core CPI, which excludes Energy and food products, came in at 3.8% in March, slightly higher than 3.75% in February 2004. The uptick was mainly driven again by a rise in the cost of services. The…
This week, the latest spate of data from the government on spending trends will be released. Retail sales data will track consumer demand for finished goods that fly off merchants’ real and virtual shelves. The Personal Consumption…
Retail inflation witnessed a decline, settling at 4.83 per cent in April, owing to a drop in prices of certain kitchen essentials, as per government data unveiled on Monday. The Consumer Price Index (CPI)--based retail...
U.S. Highlights February’s Consumer Price Index report showed that inflation came in higher-than-expected for a second consecutive month – a development which is likely to be on the Fed’s agenda at their two-day meeting next week. Spending…
Get latest articles and stories on Business at LatestLY. According to the provisional figures provided by the NSO, the retail inflation, based on the Consumer Price Index (General), stood at 5.09 per cent in February 2024.
Consumer prices in China are deflating rapidly as the country’s economy struggles to right itself after pandemic-era disruptions. China’s consumer price index (CPI) decreased 0.8 percent in January from a year ago, the largest drop since…
The majority of mobile phone deals have a clause in their contracts which allows providers to increase monthly payments each April by 3.9% plus the Consumer Prices Index (CPI) or Retail Price Index rate (RPI)
AUD/USD trades weaker around 0.6712 amid the USD rebound. US Nonfarm Payrolls rose 216K, beating expectations; the Unemployment Rate was unchanged at 3.7%. Fed funds futures markets are pricing in 56% odds of a Federal Reserve (Fed) rate…
Major contribution towards the rise in general index of agricultural labourers and rural labourers came from the group of food items to the extent of 10.85 and 10.50 points, respectively, driven by a rise in prices of rice, wheat atta,…
New evidence warned that weak competition may be causing unfair food prices for consumers in Nigeria, as retail prices rise significantly faster than wholesale prices. The UN Food and Agriculture Organization’s Global Food Price Index…
Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data this week for October that shows wholesale used-vehicle prices continue to slide and have reached the lowest levels since April…