Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
Nominal GDP reflects the current value of goods and services in an economy, without accounting for inflation or deflation. On the other hand, Real GDP adjusts for inflation or deflation ...
January was the fifth consecutive month of deflation, according to the Colombo Consumer Price Index. For all latest news, follow The Daily Star's Google News channel. Inflation hit a record 69.8 ...
US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
(AP Photo/David Zalubowski) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
The Personal Consumption Expenditure index shows prices are up by 2.6% annually. The Federal Reserve is seeing positive economic indicators despite erratic inflation. Just two days after the Federal ...
WASHINGTON (Reuters) - U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
Sri Lanka's consumer prices fell by 4.0 percent in January, the highest deflation rate since July 1960, official data showed Friday, as the South Asian nation emerges from its worst economic meltdown.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year. By Colby Smith Reporting from Washington ...
Lindsay Arnold has shared a major update on her recent breast augmentation. The former Dancing With the Stars pro, 31, uploaded a before and after video via TikTok on Thursday, January 30. Arnold ...