Consumer Price Index (CPI): FIPE: Food data was reported at 812.311 Jun1994=100 in Nov 2024. This records an increase from the previous number of 794.157 Jun1994=100 for Oct 2024. Consumer Price Index (CPI): FIPE: Food data is updated monthly, averaging 261.682 Jun1994=100 from J...
So then, why not target 0 or 1% CPI? The official explanation by Central Bank officials is that this can increase the chances of deflation in the economy. The problem being that it is difficult to enforce the negative interest rate policy. So what do they mean by this? Well, for example...
Australia's S&P/ASX 200 closed at 7,138.90, rising by 16.40 points or 0.23 percent, while the Australian ALL ORDINARIES closed at 7,329.10, registering an increase of 16.80 points or 0.23 percent. The Australian market, returning from a 3-day holiday weekend to mark the King's Birthday, d...
The March CPI increase was a reacceleration from February, when it gained 3.2%. Core CPI, which strips out volatile food and energy prices, also rose more than expected last month. — Fred Imbert
Fox Business
Consensus puts core CPI inflation at 0.4% M/M in May but with skew to the downside. Used car inflation, despite still strong estimates, is seen as the largest single drag on the month relative to April after a particularly strong increase. It could however be offset by a bounce in hotel...
Did these public figures take part in Maha Kumbh Mela? Kerala dailies carry misleading advertorial Viral images of Indira Gandhi on Social Media, AI-generated ? E Santhosh Kumar wins Federal Bank Literary Award Kerala’s visionary leap: Redefining tourism and connectivity From story thread to unknow...
The number was also smaller than a 2.9% increase in April and a gain of 2.8% expected by a Reuters poll of economists. South Korea's core CPI, which excludes volatile food and energy products, gained 2.2% year over year in May.
Year-over-year,the CPI for durable goods increased by 7.8%, which is down a lot from the 18% range where it had been late last year and early this year, but still a huge increase. Note the decline in information technology products, which is t...
AUSTRALIA ANZ-ROY MORGAN WEEKLY CONSUMER CONFIDENCE INDEX 82.9; PREV 82.7 Consumer confidence increased marginally last week despite the RBA raising the cash rate 25bp on Tuesday. This was the first time in the current tightening cycle that confidence has improved after an increase in the policy ...