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The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 5.0% over the prior year in March, a slowdown from February's0.4% month-over-month increase and 6% annual gain.
Annual inflation rose again in March to 3.5% as rent kept drifting higher. Core prices, which exclude food and energy, stayed high. Inflation came in hot at 3.5% in March, CPI report shows.
Consumer inflation rose more than expected in March, boosted by gas, rents, auto insurance and other items, the government said Wednesday. More expensive car repairs and an increase in disaster ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Since 1996 the United Kingdom has also tracked a Consumer Price Index (CPI) figure, and in December 2003 its inflation target was changed to one based on the CPI [39] normally set at 2%. [40] Both the CPI and the RPI are published monthly by the Office for National Statistics. Some rates are linked to the CPI, others to the RPI.
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The report showed that inflation in April rose at a monthly rate of 0.3%, down from 1.2% in March and the first time since last summer that inflation slowed. On an annual basis, the inflation rose ...
Prices in March rose 0.1% on a monthly basis and 5% from the prior year. Economists had expected prices in April to rise 0.4% month-over-month and 5% over last year, according to data from Bloomberg.