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Showing 11 - 20 of 146 results for "Headline CPI"

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
... Barclays said. Headline inflation also continued to rise, up 0.2% in July to 2.7% year on year. The upward pressure on headline CPI being driven by ongoing increases in food costs (led by pork prices). While China's CPI inflation is lower than levels ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... obvious, saying inflation remains uncomfortably high. "Looking ahead, recent developments in energy prices suggest that headline CPI inflation will remain on a gentle downward trend in August. However, while headline inflation might have peaked in June ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... coming months and quarters. "The difficulty is central banks must respond to the here and now, and Australia's annual headline CPI of 5.1% cannot be dismissed easily," he said. "The monetary action being taken right now will manifest itself in significantly ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... quarterly Consumer Price Index release, despite a tight labour market. HSBC chief economist Paul Bloxham expects headline CPI inflation to increase to 3.1% year on year in Q4 2021. He observes that both demand and supply side factors should continue ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... growth and record low unemployment rates failed to significantly lift inflation (low-flation). Case in point, US headline CPI inflation averaged 1.84% in 2019 (the year before the covid-19 pandemic struck) at the same time that the average jobless rate ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... transitory as the impact of higher energy and other commodity prices recede. UK inflation is certainly headed higher. Headline CPI inflation accelerated from an annual rate of 1.5% in April to 2.1% in May - above the 2% target and the 1.8% rate predicted ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... reached a high of only 2.3% during that period and the annual rate of inflation remained below the RBA's target - headline CPI and underlying measure at 1.9%. Australia's annual headline CPI inflation has accelerated sequentially over the past ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... furnishings were partially offset by falls in rents, automotive fuel and utilities." While the annual rate of change in the headline CPI continued to improve since the deflation of the June 2020 quarter (-0.4%) - the first since the March quarter of ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... inflation measures barely reached the Fed's 2% inflation target. Here are the annual inflation averages for 2019: Headline CPI inflation, down to 1.81% from 2018's average of 2.43%; Core CPI inflation, up from 2.14% to 2.19%; Core PCE price inflation ...