The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of March 2024 is 3.4%. If 3.4% is the actual year-over-year increase in the CPI, it will mark the highest year-over-year increase since December 2023 (also 3.4%). ...
Mortgage interest cost and rent remained the largest contributors to the increase in the CPI in August, the agency said. On a monthly basis, the CPI fell 0.2 percent in August, after a 0.4 percent increase in July. The monthly decline was led by lower prices for air transportation, gasoline...
Fed officials expect inflation to recede back to their 2% annual target in large part because they think shelter prices will decelerate through the year. January's increase could be problematic for a central bank looking to take its foot off...
On a month-on-month basis, the PPI turned to an increase of 0.1 percent last month from a decrease of 0.1 percent in October.■ Customers select fruits at a supermarket in Shijiazhuang, north China's Hebei Province, Dec. 9, 2024. China's consumer price index (CPI), a main gauge of ...
On August 14, 2024, France's National Institute of Statistics released new data revealing that the country's Consumer Price Index (CPI) experienced a year-on-year increase of 2.3% in July. This aligns with economists' expectations, who had also forecasted a 2.3% rise. Further drilling down,...
UBS US Econ 0.31%, UBS Nowcast 0.19%, consensus 0.25% Next Wednesday's (December 11) release of the November CPI is expected to show the largest seasonally-adjusted headline increase in 6 months with core prices, food prices, and energy prices all rising in the 0.3% to 0.4% range...
July 2024 CPI report: Inflation continues to cool, paving the way for rate cuts Aug 15, 2024 The July 2024 CPI report will likely increase the Fed’s confidence that inflation is on the way to its 2% target and position the Fed to cut interest rates in September. Learn more here. Read...
The CPI-U increased 2.9% over the 12 months ending December 2024 before seasonal adjustment. The index increased by 0.4% in December 2024 on a seasonally adjusted basis compared to a 0.3% increase in November 2024.8 CPI-U Formula The more common CPI-U calculation entails two primary formulas....
Much of the inflation increase — more than three-quarters of the move higher — came from a 0.4% jump in food prices and a 0.2% gain in shelter costs, the Bureau of Labor Statistics said in the release. That offset a 1.9% fall in energy prices. ...
In summary, China's CPI will be moderate and controllable in 2023, with the probability of sustained rapid inflation being low. Based on the gradual recovery of the Chinese economy, people's income is expected to increa...