In August 2023, German consumer prices remained stable, recording a month-over-month increase of 0.3 percent. This performance was consistent with the growth rate observed in the two months leading up to August. The forecast forGerman Prelim CPI m/mis reading anincreaseof0.3%, meaning another...
The US Federal Reserve revised 2023 GDP growth projections to 2.1%, which is 1.1 percentage points higher than June’s projection. September’s FOMC meeting concluded with no new hikes of the current interest rate—this as the CPI showed promising figures throughout...
Despite the September CPI report revealing slightly higher than anticipated inflation data, it’s likely not enough to alter the Fed’s rate trajectory.
Excluding volatile food and energy prices, core CPI was even higher for the month, accelerating 0.6% against the Dow Jones estimate for a 0.4% increase. Core inflation was up 6.6% from a year ago, the biggest 12-month gain since August 1982. The report initially rattled financial markets, ...
CPI data released on Wednesday showed that the US July non-seasonally adjusted CPI was 2.9% YoY, falling for the fourth consecutive month and returning to the "2-digit" range for the first time since March 2021, lower than the market expectation of 3%, with a monthly rate of 0.2%, consi...
For example, regular unleaded gasoline prices have declined about 16% since September 2023, according to CPI data. Food prices are also generally underpinned by their own unique supply-and-demand dynamics. Categories such as apples, potatoes, frozen vegetables and fresh fish and seafood have seen ...
Chart 2. Contributions to US CPI inflation (MoM) Source: LSEG Data & Analytics and EFGAM calculations. Data as at 12 October 2023. However, it should be noted that the housing CPI continues to moderate, reflecting the trend in real estate rents and prices. As for fuels, the prices of ...
Two Sides is excited to announce that the Confederation Of Paper Industries (CPI) will join as formal members, to better collaborate and collectively tell the sustainable story of paper products. CPI is the leading trade association representing the UK’s paper-based Industries, comprising paper and...
This could make the core Consumer Price Index (CPI) more stubborn ahead. Apart from the US GDP and factory orders, Initial Jobless Claims for the week ending July 21 remained below expectations. Individuals applying for jobless claims for the first time were 221K vs. the expected figure of ...
Corruption remains a challenge: Malaysia ranked 57th among 180 countries in Transparency International’s Corruption Perceptions Index (CPI) for 2023, moving up four places over the year. Transparency International, the global anti-corruption coalition, argues that Malaysian politicians continually fail to...