Since the end of 2023, inflation has gradually been falling back to the Bank of England’s target of 2%, with May 2024’s figure hitting the Bank of England’s target for the first time since July 2021. This is good news after inflation had increased sharply throughout 2021 and 2022 fol...
After years of a slightly negative trend, the CPI for housing, water, electricity, gas and other fuels increased sharply from February 2021, but has been falling since August 2022. Consumer price index (CPI) of housing, water, electricity, gas and other fuels in Spain from January 2018 to ...
Then the war in Ukraine tightened the supply of oil, gas and grain, contributing to an increase in energy prices (and inflation) throughout 2022. Since the end of 2023, inflation has gradually been falling back to the Bank of England’s target, with April 2024’s figure the closest it’...
Prices for goods rose 0.1 percent on a year-over-year basis in October, following a 1 percent decline in September. In contrast, prices for services decelerated in October, rising 3.6 percent, the smallest yearly increase since January 2022. Over the past three years, prices for goods rose ...
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also showed a key measure higher than expected, setting the stage for an expected quarter percentage point rate cut from the Federal Reserve. ...
Türkiye [+]August 202280.2%47.9% Trinidad and Tobago [+]November 20240.5%0.4% Tanzania [+]December 20243.1%3.1% Ukraine [+]November 202411.2%10.4% Uganda [+]December 20243.3%3.3% Uruguay [+]December 20245.5%5.5% Uzbekistan [+]November 202410.0%8.2% ...
Seasonally Unadjusted CPI Data for August 2024 Before seasonal adjustments, the CPI-U for August 2024 increased by 2.5% Y-o-Y, rising to anindex level of 314.796. Since these figures are unadjusted, they include regular seasonal price fluctuations that can create volatility in the results. ...
(ETI) on Dec. 9. Economist Mitchell Barnes noted, “The ETI rose again in November, marking consecutive monthly gains for the first time in 2024. The increases in October and November add up to the largest two-month increase in the ETI since the torrid period of job gains in 2022 ...
Since the second half of 2019, Turkey’s inflation rate has consistently been in double digits, with inflation accelerating at the fastest rate in 2022.
The CPI is widely used by financial market participants to gauge inflation and by the Federal Reserve to calibrate its monetary policy. Businesses and consumers also use the CPI to make informed economic decisions. Since CPI measures the change in consumers'purchasing power, it is often a key fa...