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Latest Consumer Price Index Stories

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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...

2009-06-18 08:16:32

Consumer prices in Canada rose 0.1 percent in the 12 months to May 2009, led principally by price drops in energy products, Statistics Canada said Thursday. While energy costs rose 4.4 on a monthly basis, the agency said the Consumer Price Index was down based on the 18.3 percent year-over-year price drop for energy products. Excluding energy, the CPI rose 2.3 percent with upward pressure coming primarily from increased food prices, the report said. Food costs rose 6.4 percent in the 12...

2009-06-17 09:38:24

The Consumer Price Index rose 0.1 percent in May keeping fears of deflation at bay for another month, the U.S. Department of Labor said Tuesday. Core prices, which exclude food and energy costs, also rose 0.1 percent, in line with expectations. Economists had expected a sharper rise in the energy and food inclusive CPI index, predicting a gain of 0.3 percent. But the standout figure is the 1.3 percent drop in prices over the past 12 months, the largest annual drop since 1950, the department...

2009-06-16 12:12:50

Consumer prices in Britain dropped in May, but far less than economists predicted, the Office for National Statistics said Tuesday. The headline Consumer Price Index fell to 2.2 percent, but economists had expected prices to fall below the Bank of England's target of 2 percent to 1.9 percent. It was the 20th consecutive month inflation held above the central bank's target rate, The Times of London reported. The Retail Price Index, which includes housing costs, rose slightly, from minus 1.2...

2009-05-20 07:19:37

Canada's Consumer Price Index increased 0.4 percent on an annual basis in April, markedly down from March's 1.2 percent gain, Statistics Canada reported. The biggest factor in the cost of living gain was food. Grocery prices rose 7.12 percent on an annual basis. Excluding food, the CPI fell 1.1 percent in the 12 months to April, StatsCan said. Within the food sector, fresh vegetable prices were up 26 percent, fresh fruit rose 16.8 percent, cereal products increased 9.6 percent, beef and...

2009-05-15 09:03:57

The Consumer Price Index dropped further from April 2008 to April 2009 than in any 12-month period since 1955, the U.S. Labor Department said Friday. Prices dropped 0.7 percent during the period but were unchanged compared to March, suggesting the a period of deflation was unlikely. The price index was heavily influenced by food and energy price fluctuations while core prices remained relatively stable. Compared to a year ago, energy prices have dropped 25.2 percent, the report said. Indexes...

2009-05-10 22:14:13

China said Monday its consumer price index fell 1.5 percent in April from the year-ago level, the third straight monthly decline in the inflation index. The figures were announced by the National Bureau of Statistics, the state-run Xinhua news agency reported. China's CPI index had dropped 1.6 percent in February year on year, the first such fall since October 2002, and 1.2 percent in March. The agency said China's producer price index, which measures inflation at the wholesale level, dropped...


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  • Boughs or branches.
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