Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in ...
The National Bureau of Statistics (NBS) has announced that the newly rebased Gross Domestic Product (GDP) figures will be unveiled by the end of.
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.
Finance Minister Nirmala Sitharaman is set to announce the Union Budget 2025 on February 1, 2025. Key economic indicators ...
The headline inflation rate in Nigeria experienced a slight increase, reaching 34.80% in December 2024, as reported by the ...
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
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 ...
The prices of essential goods have surged by up to 400% ahead of Chinese New Year and Thaipusam, claims the Penang Hindu Association (PHA). In a statement today, PHA president P Murugiah said the ...
"It's good news," said Kathy Jones, chief fixed income strategist at Schwab Center for Financial Research. But without a plunge in CPI, which the latest report pegged at 2.9% on a yearly basis, or ...