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%). ...
A consumer shops at a supermarket in Anshun, southwest China's Guizhou Province, April 11, 2023. China's consumer prices registered a mild growth in March, in sharp contrast to the persistent global inflation, official data showed. The country's consumer price index (CPI), a main gauge of ...
Let’s do some analysis of theConsumer Price Index, the best-known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart below illustrates the components of the Consumer Price Index for Urban...
In March 2023, the US consumer price index (CPI) increased by 5% year on year, falling to the lowest level in nearly two years, and the inflation situation continues to ease. In March, the successive failures of two American banks triggered banking turmoil. However, the Federal Reserve chose...
The country targeted to keep the inflation rate or increase in CPI of around 3 percent for 2023. Its consumer prices grew 2 percent from a year earlier in 2022. Yesterday’s data also showed that China’s producer price index, which measures costs for goods at the factory gate, went down...
The producer price index, a measure of inflation at the wholesale level, increased 0.2% for the month, less than the 0.3% estimate from the Dow Jones consensus. However, on a 12-month basis, the PPI rose 2.1%, the biggest gain since April 2023, indicating pipeline pressures that co...
The increase in the Labor Department’s consumer price index Tuesday followed a 0.4% increase in February and was the biggest one-month gain since a 0.6% bump in August 2012. The year-over-year increase was far greater than the 1.7% increase for the 12-month chan...
China's consumer inflation eased last month, data released on Tuesday showed, while producer prices remained in deflation. The consumer price index (CPI) rose by 0.7 percent in March from a year earlier, down from1 percent growth in February,hitting the slowest pace since September 2021, accord...
The Consumer Price Index (CPI) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February, it said. The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the ind...
China's core consumer inflation rate, excluding the volatile prices of food and energy, rise by 0.7 percent in March compared with a year earlier, up from 0.6 percent growth in February. Meanwhile, the producer price index (PPI), which reflects the prices that factories charge wholesalers for...