U.S. CPI rises 0.2% in April amid rising cost of gasoline, food and rents

WASHINGTON – U.S. consumer prices rebounded in April amid increases in the cost of gasoline, food and rents, pointing to steadily rising inflation that could keep the Federal Reserve on track to raise interest rates next month. The Labor Department said on Friday its Consumer Price Index rose 0.2 percent after dropping 0.3 percent in March. The rise in prices suggested that March’s drop, which was the first in 13 months, was an aberration…

NZ CPI q/q | April 19, 2017 | Forex News Trading

NZ CPI is a quarterly release that is likely to cause market volatility if we get a surprise. Since this is only released every 3 months, sometimes forecasts will be off by our deviation thus making the trade good. 6:45pm (NY Time) NZ CPI q/q Forecast 0.8% Previous 0.4% DEVIATION: 0.3% (BUY NZD 1.1% / […]

UK inflation hits 3-year high at 2.3% for second straight month in March

Rising food and clothing prices kept Britain’s inflation rate at its highest level for more than three years last month, putting household budgets under pressure as the Brexit effect on the pound worked its way through the economy. Official figures put inflation on the consumer prices index (CPI) at 2.3% for the second month running in March, in line with economists’ forecasts, as food prices rose at the fastest pace for three years, increasing 1.2% on the year…

China’s producer price inflation hits 6-year high, consumer inflation rises to 3-year high

China’s producer price inflation picked up more than expected in January to near six-year highs as prices of steel and other raw materials extended a torrid rally, adding to views that global manufacturing activity is building momentum. China consumer inflation also rose more than expected, nearing a three-year high as fuel and food prices jumped, data showed on Tuesday…

U.S. consumer spending up 0.5%, pending home sales surged 1.6% in December

U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in early 2017. There are also signs that inflation firmed last month. The growth outlook was further bolstered by other data on Monday showing a jump in contracts to buy previously owned homes…

NZ CPI q/q | January 25, 2017 | Forex News Trading

NZ CPI is a quarterly release that is very tradable release.  But since it is scheduled at the early start of Asian session and the fact there is a low liquidity, I would recommend a trade only if we get our tradable deviation. 4:45pm (NY Time) NZ CPI q/q Forecast 0.3% Previous 0.2% DEVIATION: 0.3% […]

U.S. consumer prices rises to 2% for the first time in 2-1/2 years

U.S. consumer prices rose in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling that inflation pressures could be building. Other data on Wednesday showed U.S. industrial production recording its biggest increase in two years. Rising inflation and stronger economic growth, if sustained, may push the Federal Reserve to raise interest rates at a faster pace than currently anticipated…

U.S. inflation rises 0.2% in November, lifted by rising rents

Rising rents lifted underlying U.S. inflation in November, pointing to a steady build-up of price pressures in the economy that could support more interest rate increases from the Federal Reserve next year. The prospects of further monetary policy tightening in 2017 were also bolstered by other data on Thursday showing a drop in the number of Americans filing for unemployment aid last week…

U.S. consumer prices rise 0.4% in October, post largest increase in six months

U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that potentially clears the way for the Federal Reserve to raise interest rates in December. The Labor Department said on Thursday its Consumer Price Index increased 0.4 percent last month after rising 0.3 percent in September. In the 12 months through October, the CPI advanced 1.6 percent, the biggest year-on-year increase since October 2014…

U.S. CPI rises 0.3% in September, hits 5-month high

U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady pickup of inflation that could keep the Federal Reserve on track to raise interest rates in December. The Labor Department said on Tuesday its Consumer Price Index increased 0.3 percent last month after rising 0.2 percent in August. In the 12 months through September, the CPI accelerated 1.5 percent, the biggest year-on-year increase since October 2014. The CPI rose 1.1 percent in the year to August…

Atlanta Fed cuts U.S. GDP forecast to 2.9% in the third quarter

The U.S. economy is on track to grow at a 2.9 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDP Now forecast model showed on Tuesday following the latest data on consumer prices and housing starts.The latest third-quarter GDP estimate was lower than the 3.0 percent figure calculated on Sept. 15, the Atlanta Fed said on its website…

U.S. consumer prices increase 0.2% in August, core CPI rises 0.3%

U.S. consumer prices increased more than expected in August as rising rents and healthcare costs offset a drop in gasoline prices, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year. The Labor Department said on Friday its Consumer Price Index rose 0.2 percent last month […]

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