The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of September 2023 is 3.6%. If 3.6% is the actual year-over-year increase in the CPI, it will mark a slight decrease in the number after increasing (month-over-mont...
However, shelter costs, which have held higher than Fed officials anticipated this year, were up 4.9% year over year, a step down that could indicate an easing of broader price pressures ahead. The category makes up more than one-third of the total weighting in calculating the CPI....
Eurozone inflation is expected to be 4.3% in September 2023, down from 5.2% in August 2023 (5.3% in July), according to Eurostat—the main driver being food-price inflation (9.7% in August but down to 8.8% in September). In the UK, consumer price index ...
These troubles are partly caused by inflation, which continues totake its toll.Per the Consumer Price Index (CPI), year-over-year inflation rose to 3.7 percent in August, nudging back up after peaking at 9.1 percent not long ago. “Core” CPI (excluding food and energy) is down slightly ...
"The September CPI report was generally stronger than expected and a reminder that the path to 2% inflation will be choppy," Bank of America chief economist Michael Gapen said in an analyst note. High inflation has createdsevere financial pressuresfor most U.S. households, which are forced to...
The improving inflation data follows a mostlyhealthy jobs report released last week, which showed that hiring accelerated in September and that the unemployment rate dropped from 4.2% to 4.1%. The government has also reported that the economy expanded at a solid 3% annual rate in the April-J...
Following the CPI+ price rises that the main broadband providers imposed on their customers earlier in the year, our competitive position has improved, particularly in relation to the most popular entry-level fibre broadband product. Further to this, we were pleased to expand our service reach by...
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although there weren't any major surprises from the debate. Any post-debate weakness is merely a correction after therecent rallyand some positioning ahead of U.S. inflation data, said Joel Kruger, market strategist at LMAX Group. Wednesday's CPI report and Thursday's producer price index coul...
Excluding energy and food prices, a closely watched “core” index of underlying inflation also slowed more than expected. The core CPI rose 0.1% from May — its slowest pace since August 2021 — nudging the annual rate of core inflation lower, to 3.3% from 3.4%, and marking a fresh thre...