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Latest Consumer Price Index Stories

2008-09-17 15:00:26

By KEVIN G. DeMARRAIS, STAFF WRITER With energy prices retreating, consumer prices posted their first monthly decline in nearly two years in August, the Bureau of Labor Statistics reported on Tuesday. The Consumer Price Index fell 0.1 percent last month behind falling gasoline, fuel oil and natural gas prices that more than offset increases in food, apparel and airline travel. Even so, the CPI is up 5.4 percent over the past 12 months. But core inflation - which excludes the often...

2008-09-11 09:00:33

Jordan's inflation up 14.9 pct in first eight months AMMAN, Sept. 10 (Xinhua) -- Jordan's consumer price index (CPI) in the first eight months of this year reached 138.41 points, up 14.9 percent over the same period last year, local daily The Jordan Times reported Wednesday. Data of the Department of Statistics shows that Jordan's CPI in the first eight months in 2007 stood at 120.48 points. According to the official data, the 8-month CPI increase this year resulted from the price...

2008-08-15 06:00:17

By Michael M. Grynbaum Inflation reached a 17-year high in the United States last month, fueled by high gasoline and food prices, all but assuring that the Federal Reserve will keep interest rates steady for the time being. Consumer prices were 5.6 percent higher last month than they were in July 2007, a brisker pace than economists had expected, the U.S. Labor Department said Thursday. That was the sharpest annual increase since January 1991, as Americans paid more for clothing, food,...

2008-08-14 12:00:06

The rate of rising U.S. consumer prices slowed in July from from a month ago but still came in double the rate economists had forecast, the government said. The Consumer Price Index rose 1.1 percent in June and slowed to 0.8 percent in July. Economists had predicted prices in July would rise 0.4 percent. Energy prices continued to push the inflation rate, gaining 4 percent in the month after a 6.6-percent jump in June. Natural gas prices pushed up 7.4 percent in July, while gasoline...

2008-08-12 15:00:26

Prices in Britain rose 4.4 percent in July, rising above economic forecasts and more than twice the target rate set by the Bank of England, the government said. Economists had forecast a 4.2-percent inflation rate, while the International Monetary Fund had recently said inflation in Britain could reach 5 percent. The Bank of England has set the target rate at 2 percent. "The sharp spike up in inflation in July increases the risk that the Bank of England will raise interest rates despite...

2008-08-01 09:00:49

Vietnam's CPI estimated to grow 2 pct next month HANOI, July 31 (Xinhua) -- Vietnam's consumer price index (CPI) is forecast to rise by 1.8-2 percent next month against this month, partly due to effects of the country's recent petroleum retail price hike, local newspaper Saigon Liberation reported Thursday. In August, input cost for coal production is estimated to climb by 2.93 percent, cement by 2.24 percent, construction steel by 0. 61 percent, electricity by 0.8 percent, river-way...

2008-07-16 18:00:06

By Scott Andron, The Miami Herald Jul. 16--Inflation hit an annual rate of 5 percent in June, the highest since 1991, the Labor Department said Wednesday. From May to June alone, prices were up 1.1 percent, the second-highest monthly increase since 1982, after normal seasonal fluctuations are taken into account. South Florida's annual rate was 5.8 percent, exceeding the national average and among the highest of the metropolitan areas tracked by the government. The local rate was the...

2008-07-16 12:00:03

A 1.1 percent rise in the Consumer Price Index was higher than expected in June, the U.S. Labor Department reported Wednesday. The CPI gained 1.1 percent on a seasonally adjusted basis, faster than the consensus forecast of 0.8 percent. Energy prices pushed the overall figure, jumping 6.6 percent in June after a 4.4 percent increase in May. Petroleum-based energy prices gained 10 percent, while prices for energy services gained 1.5 percent. Food prices also rose, up 0.8 percent...

2008-06-16 12:00:24

Wall Street higher after CPI meets estimates NEW YORK, June 13 (Xinhua) -- Wall Street inched up in early trading Friday as investors digested core inflation meeting expectations in May. The U.S. Labor Department posted that its Consumer Price Index rose 0.6 percent in April. Economists had expected a rise of 0.5 percent. Investors are also awaiting the University of Michigan's report on consumer sentiment due at 10 a.m. EST (1500 GMT). The index is expected to be 59.8, the same as...

2008-06-14 12:00:08

By Martin Crutsinger Associated Press and By Jennifer Toomer- CookDeseret News Wallets probably aren't much fatter, but Wasatch Front shoppers may have spent less at the grocery store last month, according to numbers contained in the Consumer Price Index that Wells Fargo issued Friday for Utah's most populated area. Even so, the overall cost of living went up 1 percent between April and May, outpacing the national increase by 0.2 percent, according to the Wells Fargo report and the U.S....


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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