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Updates on retail sales, inflation expectations, and housing activity are also on the schedule. ... of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price Index in December ...
Retail reading. The final monthly retail sales report before the start of the holiday shopping season is set for release on Thursday. Economists estimate retail sales increased 0.3% over the prior ...
From March to October 2009, the change in RPI measured over a 12-month period was negative, indicating an overall annual reduction in prices, for the first time since 1960. [9] The change in RPI in the 12 months ending in April 2009, at −1.2%, was the lowest since the index started in 1948.
Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. Core prices also rose 0.3% for a fourth straight month.
Earlier this month, the core Consumer Price Index (CPI), which strips out the more volatile costs of food and gas, saw prices in November climb 3.3% over last year for the fourth consecutive month.
High prices also remain a worry for many consumers — even though the year-over-year inflation rate fell to 3.2% in October from 3.7% the month before. As the CFO Dive website reported last week ...
The annualized inflation rate hit 3.5% in March, up from 3.2% the month before and 3.1% in January. The Federal Reserve’s inflation target is 2%, and for much of the last 12 months, it looked as ...
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The milder inflation figures arrive ...