Inflation ticked up in Dec., CPI report shows
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The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of Labor Statistics (BLS), which issues the monthly report.
Similar to the U.S. Bureau of Economic Analysis’ Personal Consumption Expenditures (PCE) price index, the Numerator CPI tracks prices and changes in consumer purchases over time. The data cover approximately 20% of the consumption basket captured in the overall PCE price index,
The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year. The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists ...
December CPI met expectations as core cooled to 0.2%; markets muted near 4.20% yields. Click for this full review of the latest data and its implications.
The latest CPI data takes the pressure off the Reserve Bank of Australia to raise interest rates at its next policy meeting. The consumer price index rose 2.3% from a year earlier in December, compared with 2.4% in November, the national statistics office ...
After President Donald Trump’s sacking of the commissioner of the Bureau of Labor Statistics in the wake of a weak July employment report, investors will be parsing this coming week’s consumer-price-index release even more keenly. The CPI is the most ...