Latest Consumer Price Index Stories
Inflation is easing in China but a Merrill Lynch report says China's economy could experience deflation as early as at the start of the New Year. China's consumer inflation and wholesale price inflation have been dropping since the start of 2008, when economists were concerned about preventing the overheating of the economy. At the end of November, China's annual consumer price index stood at 2.4 percent, down from 4 percent in October and from February's 12-year high of 8.7 percent.
China said Thursday its annual inflation rate slowed to 2.4 percent in November, the seventh straight month of decline. The National Bureau of Statistics said the November consumer price index compared with 4 percent in October and February's 12-year-high of 8.7 percent. November's 2.4 percent also was the lowest since January 2007. The agency said food prices, which account for more than a third of China's CPI, rose 5.9 percent from year-ago levels, down from 8.5 percent in October and 9.7...
The Consumer Price Index dropped by its sharpest rate in 61 years in October, the U.S.
By McGranahan, Leslie In July 2008, food prices were 6.0% above their July 2007 level. This article examines how different household types have been affected by the recent rapid rise in food prices. Increases in food prices have been grabbing headlines recently.
The year-over-year Consumer Price Index in Canada rose 3.5 percent in August, largely on soaring gasoline prices, Statistics Canada reported Tuesday. On a monthly basis from July to August, the CPI rose 0.2 percent, the report said.
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.
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.
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.
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.
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.
- The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
- In medicine, cauterization.