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Latest Price indices Stories

2009-09-02 08:04:00

WASHINGTON, Sept. 2 /PRNewswire-USNewswire/ -- Millions of seniors will receive smaller Social Security checks next year, and none of the 37 million seniors who receive Social Security will get an increase, according to an August forecast from the Congressional Budget Office (CBO). The CBO is also forecasting a zero COLA for 2011. In June, The Senior Citizens League (TSCL) became the first national group to call for an Emergency COLA for 2010. Since then, Sen. Bernie Sanders (I-VT)...

2009-08-25 12:22:05

The monthly U.S. Conference Board Consumer Confidence Index, which had retreated in July, rebounded in August, researchers said. In a release Tuesday, the Conference Board Consumer Research Center said the Index stood at 54.1 (with 1985 levels equaling 100), up from 47.4 in July, while the Present Situation Index increased slightly to 24.9 from 23.3 last month. The researchers said the Expectations Index improved to 73.5 from 63.4 in July. Consumer confidence, which had posted back-to-back...

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...

2009-07-14 09:22:00

NEW YORK, July 14 /PRNewswire/ -- Standard & Poor's, the world's leading index provider, announced today that for fiscal year 2008, S&P 500 companies with full reporting information posted 47.9% of their sales from outside of the United States versus 45.8% in 2007 and 43.6% in 2006. The data is derived from the 253 companies within the S&P 500 that have full reporting information. "Despite the global recession's impact on local markets, companies are continuing to generate more...

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 10:07:47

The Producer Price Index for finished goods in the United States rose slightly in May, the Bureau of Labor Statistics reported Tuesday. The PPI rose 0.2 percent during the month, an indication inflation was still in check. Core prices, which exclude energy and food items, shrank 0.1 percent, as energy prices rose a less-than-expected 2.9 percent and food prices fell 1.6 percent. In the past 12 months, prices for finished goods have fallen 5 percent, the bureau said. Finished energy goods...

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...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.