Consumer price inflation fell from 1.3 per cent in February to 1.1 per cent in March.
Not exact matches
Producer
price inflation stayed stuck at a painful -5.9 % on the year in October, while
consumer prices fell a worse - than - expected 0.3 %.
Hoguet, who is not a millennial, went on to note that Macy's internal economists accurately predicted a number of metrics last year when crafting the company's three - year plan — such as GDP growth,
inflation, employment and wages — but missed the mark on GAAP growth, and
fell short on sales of general merchandise, apparel and furniture, partially because they didn't predict how much off -
price retail and
consumer electronics would weigh on sales.
Statistics Canada reported today that, for a third consecutive month,
consumer prices declined and the
inflation rate
fell below 2 %.
Falling oil
prices and the strong U.S. dollar have dampened headline
consumer price index (CPI)
inflation, but the recent core CPI print suggests a clear firming in inflationary conditions.
The European Union's statistics agency said Thursday that
consumer prices were 1.2 % higher than in April 2017, a
fall from the 1.3 % rate of
inflation recorded in March.
While the positives include the unemployment rate
falling to 42 - year lows, a weaker pound sterling is leading to a spike in
consumer inflation; in the event of a negative outcome in the negotiations with the European Union, the UK currency could slide further, leading to a rise in
consumer prices and leaving the Bank of England in a very precarious situation in which easing interest rates will be ruled out due to high
inflation, and hiking rates will lead to a slowdown in economic activity.
Citing the impacts of the earthquakes, and a
consumer -
price inflation that would soon start
falling after a 16 - year high, Banxico announced that it would likely keep interest rates unchanged through the end of 2017.
Second, if commodity
prices fall — as they have over the past year and a half — then
consumers will have more money to spend on services, and the result will be lower goods
price inflation but higher service
price inflation.
Inflation is expected to
fall to close to zero in 2015, but growth should be revised up as
falling oil
prices help boost
consumer spending in the eurozone.
Inflation measures for November were mixed, with a broad increase in producer
prices but a moderation in the annual increase in the core
Consumer Price Index, which
fell a tenth to 1.7 %.
So far, however, this has failed to translate into rising
consumer price inflation, because the strength of the US dollar and
falling prices for raw materials have offset higher labour costs.
Not only did headline
inflation turn negative again (at -0.2 %), but core
inflation unexpectedly
fell to 0.7 % y - o - y, a 10 - month low, raising new concerns over the underlying trend in
consumer prices.
Broader
inflation data painted a similar picture: core
consumer price growth for July was 0.1 % month - on - month —
falling short of consensus estimates and marking the fourth consecutive monthly rise of 0.1 % — to leave the annual rate unchanged at 1.7 %.
As the economy contracted in the 1980s,
inflation levels (
consumer price inflation)
fell, remaining between 6 and 12 % from 1982 to 1986.
U.S.
consumer prices bounced in April after
falling in March for the first time in 10 months, while
inflation over the past 12 months increased the most in over a year, according to government figures released Thursday, May 10, 2018.