Shelter prices, which make up about one-third of the CPI weighting, increased 0.4% on the month and were up 6.5% on a 12-month basis. However, the annual rate has showed a steady decline since peaking in early 2023. Lodging away from home fell 0.9%. “Falling inflation does not mean ...
Here’s the latest data from the Labor Department on total compensation. As you can see, the Biden years have not been good for workers. To be fair, workers in 2023 actually gained a bit of ground after the terrible numbers from 2021 and 2023. But, to paraphrase one of Reagan’s ...
In depth view into UK Inflation Rate including historical data from 1989 to 2024, charts and stats.
Average UK house prices fell 1.2% in the year to October 2023, a steeper drop than the 0.6% decrease in the 12 months to September 2023. Inflation data may hasten path to interest rate cut Renthikes reached another high. Tenants on average paid 6.2% more in the 12 months to November 2...
Analysis: June Unemployment 352,000 Under Biden-Harris, 1.47 Million Unemployed Since 2023 August 5, 2024Admin The U.S. unemployment rate once again ticked up in the month of June to 4.3 percent as another 352,000 Americans said they were unemployed, according to the latest data from the Bu...
A closer look at the impact of inflation on people, businesses, accountancy and the wider economy, bringing together the best expert opinion, data and analysis from ICAEW and its members.
Core June 2023 CPI Regarding the core CPI data for June 2023 (inflation less food and energy), the index rose 0.2% month-over-month in June, down from a 0.6 percent acceleration in May. Below is an itemized breakdown of the main price fluctuations seen within June’s core CPI reading: ...
13 December 2023 GBP It has been a light data calendar for the UK over the past week, with only low-impact economic data released, and markets having to live off the odd scrap of political news, such as reported progress on the Northern Ireland protocol between the UK and the Euro area...
It is also weighted by data acquired through business surveys.How does inflation affect consumers and companies differently?Inflation affects consumers most directly, but businesses can also feel the impact: Consumers lose purchasing power when the prices of items they buy, such as food, utilities, ...
3.1% The change in theConsumer Price Index For All Urban Consumers (CPI-U)over the 12 months ending Nov. 2023. Prices rose 0.1% on a seasonally adjusted basis in November from the previous month.1 Investopedia / Julie Bang To combat this, the monetary authority (in most cases, the centra...