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Showing 51 - 60 of 245 results for "Consumer Price Index"

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... repair," the strategy said. Pertinently, data today from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 1.8% in the September quarter. Over the 12 months to September 2022, CPI rose 7.3%, the highest annual movement ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... make up a large proportion of the index, also continued to rise and are up 5.7% over the past 12 months. The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3% in June. Apostle ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... inflation remains well above the Federal Reserve's long term 2% target. In June, the 12-month change in the consumer price index (CPI) came in above expectations at 9.1% and the change in the core CPI was 5.9%. Although aggregate demand continues to ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... quarter CPI figures. Subsequently, CPA Australia has called on the government to increase the frequency of consumer price index reporting to monthly. After running down Australia's inflation woes, Lowe went on to say that the Australian economy is ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

Easter Bunny feels the inflationary pinch

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... commodities, resulting in higher prices." Just like the chocolate index, inflation has run rampant in almost all consumer price index groups in Australia. From the December quarter 2020 to December quarter 2021, all groups CPI rose 3.5%. Transport and ...

ETF Securities, 21Shares introduce market monitor

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
... head of distribution Kanish Chugh said. "Another related trigger that's been affecting the markets is the Consumer Price Index which will also be affected by next week's interest rate hike, which will essentially track how much consumers will be impacted ...

Tight labour market not yet producing wage growth

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
Wages growth remains subdued ahead of this week's 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 ...