Tag: consumer prices

US consumer prices fall in June

US consumer prices fall in June

The Labor Department has revealed the US Consumer Price Index, the core rate of inflation, fell 0.2% in June. The fall was attributed to a drop in energy costs and was the first monthly fall in a year. Meanwhile, the annual inflation rate remained steady at 3.6%. However, the gain in core inflation (which strips [...]

July 18, 2011 | 0 Comments More
Japan ends 2 years of deflation

Japan ends 2 years of deflation

The Statistics Bureau has today revealed Japan has overcome deflation for the first time in 25 months after consumer prices rose by 0.6% last month – in line with forecasts. A short period of deflation (where prices fall rather than increase) is a serious threat to an economy because it deters consumers and businesses from [...]

May 27, 2011 | 0 Comments More
Vietnam sees inflationary pressures continue

Vietnam sees inflationary pressures continue

The Government’s General Statistics Office has revealed consumer prices in Vietnam rose to 9.46% in March - up from February’s 8.46%. The latest rise - which is the seventh consecutive gain - will add further pressure on the central bank to lift interest rates. Inflationary pressures are rife in Asia and in the last few [...]

March 24, 2011 | 0 Comments More
US retail sales grow 0.6% in September

US retail sales grow 0.6% in September

The Commerce Department has revealed US retail sales grew 0.6% in September - this followed an increase of 0.7% in August and exceeded expectations. The rise, which was the third consecutive monthly gain, was fuelled by an increase in car sales. Retail sales figures are closely watched because consumer spending accounts for approximately two-thirds of [...]

October 17, 2010 | 0 Comments More
US consumer prices up 0.3% in August

US consumer prices up 0.3% in August

The Labor Department has revealed US consumer prices rose by 0.3% in August - fuelled by a surge in petrol prices. Petrol prices rose by 3.9% in the month, while food prices rose by 0.2% in August, after falling slightly in July. The figures were slightly higher than expected, according to Uri Landesman of investment [...]

September 19, 2010 | 0 Comments More
US retail sales and consumer prices up in July

US retail sales and consumer prices up in July

The Commerce Department has today said US retail sales grew by 0.4% in July - boosted by an increase in car sales. The figures were much needed after two months of declines. However, the figures were less than the 0.5% rise analysts had expected. US retail sales are closely-watched as consumer spending makes up for [...]

August 13, 2010 | 0 Comments More
US housing starts fall, building permits up

US housing starts fall, building permits up

The Commerce Department has today revealed US housing starts plummeted in June - far more than expected, raising fears for the already fragile housing market. According to the Commerce Department, construction of new US homes fell 5% in the month to a seasonally adjusted annual rate of 549,000 properties – the lowest since October 2009 [...]

July 20, 2010 | 0 Comments More
US consumer prices fall further in June

US consumer prices fall further in June

Official data from the Labor Department has today revealed that US consumer prices fell for the third consecutive month in June, by 0.1% on a monthly basis. The fall was attributed to declines in energy prices, which were down 2.9%, food prices remained flat. The fall in June followed declines of 0.1% and 0.2% in [...]

US consumer prices drop in May

US consumer prices drop in May

Official data has today revealed that US consumer prices fell for the second consecutive month in May, by 0.2% on a monthly basis. The fall was attributed to declines in fuel costs, after energy prices dropped sharply, according to the Labor Department. The fall in May was the biggest monthly drop since December 2008. Meanwhile, [...]

June 17, 2010 | 0 Comments More
US consumer prices see first drop in 13 months

US consumer prices see first drop in 13 months

Official data has today revealed that US consumer prices fell in April by 0.1% on a monthly basis - the first decline in 13 months. The fall was attributed to declines in petrol, housing, car and clothing prices according to the Labor Department. Petrol prices fell by 2.4%, clothing costs fell 0.7%, while food costs [...]

May 19, 2010 | 0 Comments More
US consumer prices up 0.2% in January

US consumer prices up 0.2% in January

Official data has revealed US consumer prices rose by a slower-than-expected 0.2% in January. On an annual basis, prices were up 2.6% - also below expectations. The increase was the result of a hike in energy prices, which rose for the ninth month in a row. Over the last year, energy prices have soared 19.1%, [...]

February 19, 2010 | 0 Comments More
US consumer prices up 0.1% in December

US consumer prices up 0.1% in December

January 18, 2010 | 0 Comments More
Shares rises on signs of US economic recovery

Shares rises on signs of US economic recovery

The Dow Jones index rose today on the back of positive economic data and followed gains seen over the last week. In seven out of the last eight days, the Dow Jones has risen. By mid-session in New York, the index gained 0.6% to 9,737.3 points with European shares rising in response. London’s FTSE 100 [...]

September 16, 2009 | 0 Comments More
Japanese unemployment rate hits 5.7%

Japanese unemployment rate hits 5.7%

Japan’s unemployment rate has reached a record high of 5.7% in July, up from 5.4% the previous month. According to Government figures, over one million people have lost their jobs over the last 12 months, taking the unemployment total to 3.59 million, amid the worst recession in decades. However, it was recently reported that Japan [...]

August 28, 2009 | 0 Comments More
Euro zone unemployment rate hits 9.4%

Euro zone unemployment rate hits 9.4%

The unemployment rate in the euro zone hit 9.4% in June - the highest in a decade after the number of jobless rose by 158,000 during the month, bringing the total jobless number using the single currency bloc to 14.9 million. According to Eurostat, the unemployment rate was 7.5% this time last year, showing the [...]

August 3, 2009 | 0 Comments More
German retail sales fall in June

German retail sales fall in June

Germany, which is Europe’s largest economy, is in the midst of its worst economic downturn since the Second World War and has been hit by a slump in demand for exports. However, recently the economy has experienced a number of positive reports pointing to an improvement within the economy. Today, however, the Federal Statistics Office [...]

Producer output price inflation falls

Producer output price inflation falls

British factory gate inflation fell to a 5-year low in April as raw materials costs fell at their fastest annual rate in 7 years. According to the Office for National Statistics (ONS), producer output price inflation fell to 1.2 percent in April from 2 percent in March, bringing it to its lowest since April 2004 [...]

May 9, 2009 | 0 Comments More
US housing stats knock back Obama’s hopes of a recovery

US housing stats knock back Obama’s hopes of a recovery

US President Barack Obama suggested earlier this week that the US economy is seeing signs of progress. However, his optimism may have been quashed after figures show that the number of US citizens losing their homes soared by 44% in March. Furthermore, a survey carried out by Foreclosures.com established that 175,199 homes were repossessed by [...]

April 16, 2009 | 0 Comments More
US consumer prices fall by record 1%

US consumer prices fall by record 1%

Figures from the Labor Department revealed that US consumer prices plummeted 1% in October - the highest fall since records began in 1947. This fall is seen as a sign of US economic weakness and have raised concerns of an imminent recession. The fall in consumer prices was attributed to the cost of fuel which [...]

November 19, 2008 | 0 Comments More