While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
Producers of metals and other raw materials fell after a reported acceleration in consumer inflation. Fed Chairman Jerome Powell said January consumer-inflation fit with an overall picture that the ...
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...
The National Bureau of Statistics (NBS) is currently undertaking a rebasing exercise for Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This initiative is aimed at ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
If you’re thinking about buying an electric car or a plug-in hybrid, you should be aware that the Trump administration is considering eliminating a federal EV tax credit of up to $7,500.
Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year.
The CPI excluding food rose 2.1% in December. A temporary GST/HST break on certain goods was introduced on December 14, 2024. The major components impacted by the tax break were food; alcoholic ...
The overall Consumer Price Index Inflation Expectations (CPIEx), after accommodating potential component-wise behavioural biases and re-combining across components, increased to 4.4% in December 2024 ...
The National Bureau of Statistics has disclosed that its rebased Consumer Price Index will better reflect current price volatility and provide a clearer understanding of economic trends in Nigeria.
Over the past year, much of the decline in CPI has been driven by a base effect in gasoline. The entire deceleration of 0.1 points in November’s headline CPI was due to falling gas prices. That trend ...
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