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Latest Price indices Stories

2009-02-10 07:14:25

Inflation in China slowed slightly in January as consumer demand is falling, an economic analyst said. The consumer price index rose 1.2 percent in December from a year ago but only 1 percent in January, the National Bureau of Statistics said Tuesday. Economist Li Huiyong at brokerage firm Shenyin-Wanguo said falling demand and tighter money supplies had slowed inflation, Xinhua reported. Inflation peaked at 8.7 percent in February last year. January's rise was the slowest increase since July...

2009-01-23 10:04:51

Inflation in Canada rose 1.2 percent in December despite falling gasoline prices, down from 2 percent a month earlier, Statistics Canada said Friday. Excluding gasoline, the Consumer Price Index rose 2.6 percent in the 12 months to December, down slightly from the 2.8 percent increase in November, the government agency said. Gasoline prices in December were 25.8 percent below levels of December 2007, and marked the largest drop since the inception of the gasoline price index in 1949, StatsCan...

2009-01-16 08:52:35

The Consumer Price Index dropped by 0.7 percent in December, falling for the fifth consecutive month, the U.S. Department of Labor said Tuesday. Prices fell 1.7 percent nationally in November. The decline in December fell short economists expectations, but still indicates a reduction in consumer spending. Economic expectations do not change the reality of the figures, but mark how much of a jolt markets might take. In December, core inflation, taking out the influences of food and energy...

2008-12-10 01:02:30

China reported Wednesday its producer price index fell sharply in November, slowing to an annual rate of 2 percent, compared to 6.6 percent in October. The wholesale price inflation rate, announced by the National Bureau of Statistics, has been falling from August's 12-year high of 10.1 percent, Xinhua reported. China's November consumer price index, the main measure of inflation, will be released Thursday, and the steep fall in the PPI is expected to have an impact on the CPI. China has...

2008-11-19 15:12:48

The Consumer Price Index dropped by its sharpest rate in 61 years in October, the U.S. Department of Labor said Wednesday. The drop of 1 percent in the headline figure meant consumers had taken their collective foot off the the gas pedal and applied it to the brakes of the economy. It's funny that just a few months ago everyone was wringing their hands over inflation, Nariman Behravesh, chief economist at Global Insight told The New York Times. It's gone. It's over. Core inflation, excluding...

2008-09-23 09:01:02

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. "The increase in the energy price index accounted for about half of the overall increase in the 12-month variation of the CPI in August," StatsCan said. During August, gasoline prices rose 26.3 percent from a year earlier. Other energy products such as...

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...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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