Search Results for: Consumer Price Index

Posted on

China’s Consumer Price Index (CPI) climbs by 0.6% – less-than-expected

On Monday 9th September 2024, China announced that its consumer price index (CPI) increased by 0.6% year-on-year in August 2024, falling short of expectations and due mainly to decreasing costs in transportation, home goods, and rents. The consumer price index was projected to rise by 0.7% year-on-year in August 2024, based on a poll. However, …

Continue reading “China’s Consumer Price Index (CPI) climbs by 0.6% – less-than-expected”

Posted on

China’s consumer price index (CPI) increased by 0.5% – more than expected

In July 2024, China’s consumer prices index (CPI) increased by 0.5% from the previous year, as reported by the Chinese National Bureau of Statistics on Friday 9th August 2024. The increase surpassed the 0.3% predicted by analysts. The core consumer price index, excluding food and energy, climbed by 0.4% from a year earlier in July, …

Continue reading “China’s consumer price index (CPI) increased by 0.5% – more than expected”

Posted on

Latest U.S. producer price index inflation rose 0.2% – in line with expectations

The latest U.S. producer price index (PPI) data indicates that wholesale inflation increased by 0.2% in December 2024, primarily driven by higher energy costs This rise was slightly less than the 0.4% gain witnessed in November 2024. Compared to a year earlier, producer prices were up by 3.3%. The rise in energy prices, particularly a …

Continue reading “Latest U.S. producer price index inflation rose 0.2% – in line with expectations”

Posted on

U.S. consumer prices rose by 0.2% in September 2024 – higher than expected at 2.4%

Over the past year, the rate of U.S. price increases accelerated unexpectedly in September 2024, as policymakers considered their decision on interest rates, as indicated in a U.S. Labor Department report on Thursday 10th October 2024. Sticky U.S. inflation The consumer price index (CPI), which measures the cost of goods and services throughout the U.S. …

Continue reading “U.S. consumer prices rose by 0.2% in September 2024 – higher than expected at 2.4%”

Posted on

In August 2024 – U.S. consumer prices increased by 0.2% with core inflation exceeding expectations

As anticipated in the U.S., prices rose in August 2024, while the annual inflation rate fell to its lowest point since February 2021, according to a Labor Department report on Wednesday 11th September 2024. This development likely now paves the way for a Federal Reserve interest rate reduction next week but maybe by only 0.25% …

Continue reading “In August 2024 – U.S. consumer prices increased by 0.2% with core inflation exceeding expectations”

Posted on

U.S. consumer prices rose 0.4% in February 2024 and 3.2% from a year ago

The U.S. Consumer Price Index, a comprehensive gauge of the cost of goods and services, rose by 0.4% for the month and increased by 3.2% compared to the previous year. The annual rate was marginally higher than expected. The monthly rate was slightly above the forecast of 0.3%. This may likely direct the Federal Reserve …

Continue reading “U.S. consumer prices rose 0.4% in February 2024 and 3.2% from a year ago”

Posted on

China suffers U.S. tariff driven falls in exports and increased deflation concerns

China’s economic landscape is facing mounting challenges as exports to the United States plummet and consumer prices decline, sparking fears of deflation. The latest trade data reveals that Chinese exports to the U.S. fell by 34.5% in May 2025, marking the sharpest drop in over five years. This decline comes despite a temporary trade truce …

Continue reading “China suffers U.S. tariff driven falls in exports and increased deflation concerns”

Posted on

Japan’s core inflation rises to 3.5% – higher than expected

Japan’s inflation figures for April 2025 have revealed a continued rise in consumer prices, with the Consumer Price Index (CPI) climbing 3.6% year-on-year. This marks a sustained period of inflation above the Bank of Japan’s (BoJ) target of 2%, prompting speculation about potential interest rate hikes later in the year. Core inflation, which excludes fresh …

Continue reading “Japan’s core inflation rises to 3.5% – higher than expected”

Posted on

U.S. inflation rate at 2.3% in April 2025 – less than expected

April 2025 saw the U.S. inflation rate ease to 2.3%, marking its lowest level since February 2021. The consumer price index (CPI) rose 0.2% for the month, aligning with expectations but slightly below the forecasted 2.4% annual rate. Core CPI, which excludes volatile food and energy prices, also increased 0.2%, maintaining a 2.8% year-on-year rate. …

Continue reading “U.S. inflation rate at 2.3% in April 2025 – less than expected”

Posted on

U.S. core inflation rate slows to 3.2% in December 2024 – less than expected and sets off market feeding frenzy

The U.S. Consumer Price Index rose by a seasonally adjusted 0.4% for the month, resulting in a 12-month inflation rate of 2.9%. This figure was consistent with forecasts. Core CPI annual rate was 3.2%, down from the month before and slightly better than the 3.3% outlook. Stock markets surged following the release as Treasury yields …

Continue reading “U.S. core inflation rate slows to 3.2% in December 2024 – less than expected and sets off market feeding frenzy”

Posted on

U.S. annual inflation rate increases to 2.7% in November 2024 – as expected

U.S. consumer prices rose at a faster annual pace in November 2024, a reminder that inflation remains an issue both for households and policymakers. The consumer price index (CPI) showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday 11th November 2024. The annual rate was 0.1 …

Continue reading “U.S. annual inflation rate increases to 2.7% in November 2024 – as expected”

Posted on

U.S. inflation rate at 2.6% in October 2024 as expected

In October 2024, the U.S. consumer price index rose by 0.2%, bringing the annual inflation rate to 2.6%, aligning with expectations, according to the U.S. Bureau of Labor Statistics. The core CPI, which excludes food and energy, saw a monthly increase of 0.3% and an annual rate of 3.3%, also in line with projections. For …

Continue reading “U.S. inflation rate at 2.6% in October 2024 as expected”

Posted on

China’s PPI deflation deepens in September 2024

In September 2024, China witnessed a decline in consumer inflation rates and an intensification of producer price deflation, despite efforts to implement additional stimulus measures aimed at reviving weak demand and stabilizing economic activity The consumer price index (CPI) rose by 0.4% from the previous year, a slowdown from the 0.6% increase observed in August, …

Continue reading “China’s PPI deflation deepens in September 2024”

Posted on

Is it job done for the Federal Reserve now?

Recent inflation data suggests that the Federal Reserve is fast approaching its goal, if not already there – following the central bank’s significant interest rate reduction of 0.50% a few weeks ago Both consumer and producer price indexes for September 2024 aligned with forecasts, indicating a decline in inflation towards the central bank’s 2% target. …

Continue reading “Is it job done for the Federal Reserve now?”

Posted on

German inflation falls to 1.8% in September 2024

In September 2024, the German consumer price index softened to 1.8%, falling below expectations based on preliminary data from Destatis, the national statistics office. Month-on-month, the preliminary harmonized CPI saw a slight decrease of 0.1%. According to recent analysis, the last instance of the German harmonized CPI falling below 2%, the inflation target rate of …

Continue reading “German inflation falls to 1.8% in September 2024”

Posted on

UK inflation sticks at 2.2% unchanged in August 2024

UK inflation was reported at 2.2% for August 2024, according to the Office for National Statistics (ONS) data released on Wednesday 18th August 2024 The consumer price index (CPI) figure aligned with the forecasts of analysts and remained consistent with July’s inflation rate of 2.2%. Previously, the headline CPI had stabilised at 2% in both …

Continue reading “UK inflation sticks at 2.2% unchanged in August 2024”

Posted on

U.S. stocks extend gains as S&P 500 and Nasdaq post eighth positive day

Highs and lows of one volatile week in the U.S. stock market U.S. stocks climbed on Monday 19th August 2024, continuing the market’s rebound as investors prepared for the highly anticipated Federal Reserve symposium at Jackson Hole later in the week. The S&P 500 ended the day at 5608 The Nasdaq Composite surged to finish …

Continue reading “U.S. stocks extend gains as S&P 500 and Nasdaq post eighth positive day”

Posted on

Dow rises more than 400 points to hit intra-day of 42000 then trims back before close

Let the rotation begin The Dow Jones Industrial Average surged on Friday 12th July 2024 as investors began to diversify beyond the technology sector. The Dow closed at 40,000.90, after hitting a new all-time high of 40,257. The S&P 500 added 0.55% to 5,615, and the Nasdaq Composite went up 0.63% to 18,398. However, on …

Continue reading “Dow rises more than 400 points to hit intra-day of 42000 then trims back before close”

Posted on

U.S. inflation falls 0.1% from May to June 2024 further adding to speculation of an imminent Fed rate cut

The Consumer Price Index (CPI), a comprehensive gauge for goods and services costs, saw a 0.1% decrease from May 2024, bringing the annual rate to 3%, which is near its lowest point in over three years. When removing the unstable food and energy prices, the core CPI rose by 0.1% monthly and 3.3% annually. This …

Continue reading “U.S. inflation falls 0.1% from May to June 2024 further adding to speculation of an imminent Fed rate cut”

Posted on

Federal Reserve chair Powell says keeping rates high for too long could jeopardize growth

Jerome Powell on Tuesday 9th July 2024 reportedly expressed concern that holding interest rates too high for too long could jeopardize economic growth. This comment came ahead of the consumer price index reading due this week. Preparing for a two-day session on Capitol Hill, the central bank chief stated that the economy and labour market …

Continue reading “Federal Reserve chair Powell says keeping rates high for too long could jeopardize growth”

Posted on

China’s inflation data missed projections – rising 0.2% in June 2024

China’s consumer price inflation rose by 0.2% in June 2024 from a year ago, falling short of expectations. Meanwhile, producer prices remained in line with forecasts. Main points Consumer Price Index (CPI) China’s CPI was expected to rise by 0.4% year-on-year in June, according to poll conducted by Reuters. However, the actual increase was only …

Continue reading “China’s inflation data missed projections – rising 0.2% in June 2024”

Posted on

Japan, India and U.S. stock markets continue to hit new record highs!

Asia-Pacific markets witnessed highs on Tuesday 8th July 2024, mirroring the gains on Wall Street where the S&P 500 and the Nasdaq Composite ended at record highs. India’s Nifty 50 index also hit an all-time high of 24401.2 Investors are anticipating the forthcoming U.S. consumer price index release to discern the Federal Reserve’s direction on interest rates. Pundits …

Continue reading “Japan, India and U.S. stock markets continue to hit new record highs!”

Posted on

U.S. Supercore inflation measure indicates Fed may have a problem

Markets have fretted about core inflation recently, now analysts are concerned about a highly specific price gauge within the data – ‘supercore’ inflation. This measure tracks services inflation, excluding food, energy, and housing, which has recently surged, rising 4.8% year-over-year in March 2024 and over 8% on a three-month annualised basis. The situation is further …

Continue reading “U.S. Supercore inflation measure indicates Fed may have a problem”