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Showing 1 - 10 of 64 results for "Core CPI"

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... adjusted basis year on year. On a month-by-month basis, food prices rose 0.2% in July, while energy prices went up 0.1%. Core CPI, however, which excludes the volatile prices of food and fuel, fell to 4.7% from 4.8% in June, the lowest since October ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... mentioned that in June, the 12-month change in the Consumer Price Index (CPI) was recorded at 3.0%, and the change in the core CPI stood at 4.8%. "Inflation has moderated somewhat since the middle of last year. Nonetheless, the process of getting inflation ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... "We have more work to do, but we're on the right track." GSFM investment strategist Stephen Miller said last night's US core CPI result is vindication in the Federal Reserve's aggressive approach to contain inflation. "And adjustments going forward - ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... levels for several more months," senior economist Silvia Dall'Angelo said. "Indeed, there is probably more upside for core CPI inflation in coming months, reflecting external and, more significantly, domestic price pressures. As suggested by the latest ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... 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 appear strong, Powell said supply constraints have been larger and longer lasting ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... measures. Overall consumer prices surged by 5.4% in the year to June - the highest since an equal rate in August 2008. Core CPI inflation jumped by 4.5% over the same period - the fastest rate since November 1991. Although many put the rise and rise ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... no denying that part of the jump in the annual inflation rate in April is due to base effects - both the headline and core CPI dropped by 0.7% in the month of April 2020. However, it's also true that the re-opening of the US economy, pent-up demand ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... 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, down to 1.7% from 2.0%; and the Fed's favoured inflation ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... inflation stats remain tame however it's measured. Data at the end of December 2020 shows headline CPI inflation at 1.3%; core CPI inflation at 1.6%; headline PCE price index at 1.3%; and, core PCE price index at 1.5%. While measured US inflation have ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... Besides, all US inflation measures remain below the 2% target; annual headline CPI inflation was at 1.3% in December, core CPI inflation at 1.6%, the headline and core PCE price deflators stood at 1.1% and 1.4%, respectively, in November. Then again ...
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