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Last updated on April 18, 2014 at 15:51 EDT

Latest Consumer Price Index Stories

2010-07-07 10:04:00

WASHINGTON, July 7 /PRNewswire-USNewswire/ -- Last week, RetireSafe, representing over 400,000 older Americans, held a Capitol Hill briefing presenting an important academic study focused on the Consumer Price Index (CPI) and its critical impact on seniors. University of Tennessee Economist Donald J. Bruce, Ph.D., reported that the CPI now used to set the Social Security cost of living adjustment (COLA) is woefully inadequate for that task. The entire study can be obtained by contacting:...

2010-05-17 09:15:00

WASHINGTON, May 17 /PRNewswire-USNewswire/ -- Today RetireSafe, representing 400,000 senior-citizen supporters across America, praised U.S. Representatives John "Jimmy" Duncan, Jr. (TN-2), Daniel Lipinski (IL-3), Marcia Fudge (OH-11), Michael Arcuri (NY-24), and Gregg Harper (MS-3) for introducing H.R. 5305, the CPI for Seniors Act. H.R. 5305 would establish a new Consumer Price Index for Seniors (CPI-S) so that annual Social Security Cost-of-Living-Adjustments (COLAs) can be fairly...

2010-04-21 14:02:00

NEW YORK, April 21 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com ), had the following commentary based on recent developments: Friday's news that America's most distinguished and powerful investment firm had been charged with securities fraud by the U.S. Securities and Exchange Commission sent stock and commodity markets sharply lower. Gold was no exception, briefly falling below $1130 an ounce Monday morning from its Friday high...

2010-04-19 09:00:00

NEW YORK, April 19 /PRNewswire/ -- The Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.4 percent in March, following a 0.4 percent gain in February, and a 0.6 percent rise in January. The U.S. LEI is now at its highest level. Says Ataman Ozyildirim, economist at The Conference Board: "The U.S. LEI has risen steadily for a year, and its six-month growth rate has remained fairly stable in recent months - led by improvements in financial and labor...

2010-01-21 09:00:00

NEW YORK, Jan. 21 /PRNewswire/ -- The Conference Board Leading Economic Index(TM) (LEI) for the U.S. increased 1.1 percent in December, following a 1.0 percent gain in November, and a 0.3 percent rise in October. Says Ataman Ozyildirim, Economist at The Conference Board: "The Conference Board LEI for the U.S. increased sharply in December, and has risen steadily for nine consecutive months. The six-month growth rate has picked up slightly to 5.2 percent (about a 10.8 percent annual rate)...

2009-12-28 16:32:00

FORT LEE, N.J., Dec. 28 /PRNewswire/ -- The National Inflation Association - http://inflation.us today discussed the biggest threat to the U.S. economy in 2010. In 2009, we saw the monetary inflation created by the Federal Reserve's zero percent interest rates drive up the prices of U.S. stocks, without dramatically increasing the prices of U.S. consumer goods. We consider 2009 to have been a brief period of euphoria, before a rapid increase in the prices of food, energy, clothes and...

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2009-09-17 10:20:00

Falling commodity prices have coincided with dropping prices in grocery stores, data released by the U.S. Bureau of Labor Statistics indicates. On the Chicago Board of Trade, corn prices are down 56 percent from their peak in July 2008, The Washington Post reported Thursday. Meanwhile, in grocery stores, where price changes tend to lag from changes on commodity exchanges, the grocery consumer price index is down 2.5 percent from its November peak, the bureau said. In 12 months, the consumer...

2009-09-17 07:11:26

Canadian consumer prices fell 0.8 percent on an annual basis in August, led largely by a 21.2 percent decline in gas prices, Statistics Canada said Thursday. The August Consumer Price Index decline followed a 0.9 percent dip in July. Excluding energy, the Consumer Price Index rose 1.4 percent between August 2008 and August 2009, StatsCan said. Three of the eight major components reported price declines: transportation, shelter, and clothing and footwear. Among the elements that rose were...

2009-07-17 07:07:14

Canada posted its first deflation in June since November 1994 as consumer prices fell 0.3 percent on an annual basis, Statistics Canada reported Friday. The decline in the Consumer Price Index was attributed to an annual decline of 19 percent in energy products, led by gasoline prices in the transportation sector, which were down 24.3 percent during the past 12 months, the agency said. Excluding energy, the CPI rose 2.1 percent in June. On a monthly basis, the index rose 0.3 percent from May...

2009-06-18 09:00:00

NEW YORK, June 18 /PRNewswire/ -- The Conference Board Leading Economic Index(TM) (LEI) for the U.S. increased 1.2 percent in May, following a 1.1 percent increase in April, and a 0.3 percent decline in March. Says Ken Goldstein, Economist at The Conference Board: "The leading economic index increased for the second consecutive month. The coincident economic index is still declining, but the declines are less intense. The recession is losing steam. Confidence is rebuilding and financial...