CPI detailed report : data for March 1998Cost indexesPricesConsumer price indexExpensesIndexes(Ratios)ConsumersUrban areasCommoditiesHousingTransportationThe CPI Detailed Report is a monthly report on consumer price movements,T. WilsonM. Gabor
According to the March Consumer Price Index (CPI) report the yearly inflation rate was 3.5%—up from 3.2% the previous month. While many market participants had anticipated rate cuts starting in March, the data is a sign that the Fed may delay cutting rates until later this year. “Today...
For December 2023, the CPI rate was 4.0%. This means that the majority of our customers will see a price increase of 7.9% (which is 4.0% plus 3.9%), or around £3 per month for the average broadband customer. These price changes take effect from 31 March 2024....
Inflation cooled in March as the Federal Reserve’s interest rate increases showed more impact,the Labor Department reported Wednesday. The consumer price index, a widely followed measure of the costs for goods and services in the U.S. economy, rose 0.1% for the month against a Dow Jones est...
March CPI Report Key Stats CPI increased 0.4% for the month, as it did in February. Core CPI climbed 0.4% after rising by the same amount in February. CPI rose 3.5% year over year after growing by 3.2% the prior month. Core CPI rose 3.8% from year-ago levels after rising 3.8% in...
However, markets are looking more closely at what the Fed signals for the future. After hiking rates 11 times since March 2022, policymakers are expected to signal that the policy tightening is over, with the next step likely to be cuts at a still-to-be-determined pace. Following the relea...
The inflation rate for this category was at a recent high in March 2023, when it was 19.2%. Alcohol and tobacco prices rose by 8% in the year to April 2024, compared with 11.9% in the year to March. Motor fuel prices fell by 0.3% in the year to April 2024, but this is a ...
The monthly CPI report contains two key inflation numbers: Month-over-month price changes:This figure shows how prices have changed relative to the prior month’s prices. So this aspect of a report shows, for example, how March’s prices changed relative to February’s prices. ...
For financial markets, the shift in the Fed stance from its apparent policy pivot in late 2023 has meant a repricing on the pace of rate cuts. Where futures traders entered the year expecting cuts to start coming in March, with six or seven total on the year, they have pushed out the ...
Not only that, but the 12-month rate of "core" inflation, which leaves out volatile prices for food and energy, rose for the first time since March 2023 to 3.3%, still above the Fed's goal for a 2% annual rate. Meanwhile, the Department of Labor said 258,000 peoplefiled for unemploy...