CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
What is inflation? Rate unexpectedly drops to 2.5% in December
According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in ...
The Guardian Nigeria6d
NBS to unveil rebased GDP this month, takes 2019 as base year
The National Bureau of Statistics (NBS) has announced that the newly rebased Gross Domestic Product (GDP) figures will be unveiled by the end of.
Nairametrics1d
December inflation rate to follow old base year while January inflation the new base year
The National Bureau of Statistics (NBS) stated during a workshop this January that the inflation rate for December 2024 will ...
Indiatimes4d
What is 'Consumer Price Index'
Definition: A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy is called consumer price index.
The A-Z of India’s economy: What to know before the Union Budget
Finance Minister Nirmala Sitharaman is set to announce the Union Budget 2025 on February 1, 2025. Key economic indicators ...
Nairametrics20h
Nigeria’s headline inflation rate rises to 34.80% in December 2024
The headline inflation rate in Nigeria experienced a slight increase, reaching 34.80% in December 2024, as reported by the National ...
'Core' rate of inflation eases a bit, CPI shows. Fed and Wall Street get some breathing room.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
What to expect from the CPI report
Wall Street caught a break on Tuesday with a benign report on wholesale inflation in December. But a bigger test comes this morning via the consumer price index for the final month of 2024. Wall ...