August 2022 7.0 July 2022 7.6 June 2022 8.1 May 2022 7.7 April 2022 6.8 March 2022 6.7 These inflation numbers represent the Consumer Price Index (total CPI). As defined by the Bank of Canada, "The Consumer Price Index (CPI) is an indicator of changes in c...
The EU ETS represents the cornerstone of the EU climate policy framework. While most of the studies focus on the determinants of carbon price, this work wi
Inflation has cooled considerably after hitting a 40-year high of 9.1% in June 2022. The Federal Reserve engineered a flurry of rate hikes that have helped to drive down inflation, which stood at2.5% on an annual basis in August— its lowest in three years. ...
Many economists have pointed to strong pandemic demand sparked by stimulus checks, coming at a time when supply was constrained by supply-chain breakdowns, as the cause for the run-up in inflation. What does the June CPI mean for interest rates?
A mixed February CPI report was probably the last thing investors needed right now, but here we are. The Consumer Price Index for February revealed that while headline inflation continued to ease, core inflation, which excludes volatile food and energy prices, jumped by the most in five months...
This time last year, the economy was still running hot, inflation was over double the 2% target and investors feared it could reignite. Now, inflation is close to the Fed’s target and the labor market has cooled considerably. Said differently, growth is cooling but not cool, and inflation...
for the 50-basis-point cut was the sudden deterioration of the nonfarm payroll data: The three-month average of payroll jobs created had slowed dramatically in July and August in part due to downward revisions of prior data, and we pointed that out at...
"February core CPI rose 0.36%, 6 basis points above consensus expectations, and the year-on-year rate fell by less than expected to 3.8%. The composition was disinflationary however, with a sharp normalization in non-housing services inflation and a return to the Q4 trend for the owners' ...
The CPI-U increased 2.4% over the 12 months ending September 2024 before seasonal adjustment. The index increased by 0.2% in September 2024 on a seasonally adjusted basis; the same increase as in August 2024.8 CPI-U Formula The more common CPI-U calculation entails two primary formulas. The ...
Meanwhile, the PPI incorporates a weighting of nearly 16.6% for healthcare services, not far off the sector's weight of nearly 20% in the U.S.gross domestic product (GDP). In contrast, the CPI's weighting for medical care is 8%. That's because it doesn't measure third-party healthca...