Latest Price indices Stories
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.
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.
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.
The Consumer Price Index dropped further from April 2008 to April 2009 than in any 12-month period since 1955, the U.S.
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
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British retail prices sank in March for the first time since 1960, indicating a period of deflation had set in, the National Statistics Office said. The monthly retail price index registered minus 0.4 percent in the month compared to a break-even zero percent in February.
Higher food and shelter costs drove Canadian consumer prices up 1.2 percent in March on an annual basis, Statistics Canada reported from Ottawa Friday. Food prices rose 7.9 percent during the 12-month period on the heels of a 7.4 percent rise in February.
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The Consumer Price Index rose by 0.4 percent in February, rising for the second consecutive month, the U.S. Department of Labor said Wednesday. The index was bolstered by a 3.3 percent rise in energy prices in the month, including an 8.3 percent rise in gasoline prices, the report said.
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