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Consumer Price Index CPI Economy month Top News U.S. 

Modest rise in U.S. consumer prices may delay Fed rate hike

August 11, 2017 By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign inflation that could persuade a cautious Federal Reserve to delay raising interest rates until December. But with the labor market near full employment and economic growth accelerating, analysts expect the U.S. central bank will announce a plan to start unwinding its massive bond portfolio at its policy meeting next month. “We believe the Fed will focus…

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Australia inflation bogeyman still fast asleep in second quarter

July 24, 2017 By Wayne Cole SYDNEY (Reuters) – Australia’s core inflation rate is expected to have stayed below target for a sixth straight quarter through April-June, a reminder of just why interest rates in the country are at record lows and set to remain there for months to come. Analysts polled by Reuters forecast consumer prices (CPI) rose around 0.4 percent in the second quarter, from the first, which would nudge the annual pace up a tick to 2.2 percent. The Australian Bureau of Statistics releases the report for…

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consumer CPI Economy month National Bureau Top News 

China’s easing factory gate prices hint at broader economic slowdown

June 9, 2017 BEIJING (Reuters) – China’s producer price inflation eased for the third straight month in May on tumbling prices of raw materials, signaling a broader cooling in economic activity as profits are squeezed by slackening domestic demand and rising financing costs. Moderating factory gate inflation in the world’s second-biggest economy could be a further worry for global central banks like the U.S. Federal Reserve and European Central Bank, which are puzzling over why domestic prices have remained sluggish despite improving economic growth. China’s producer price index (PPI) rose…

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