Inflation Headlines

  • Rising services costs lift US producer prices in February

    The Labor Department said on Wednesday its producer price index for final demand rose 0.2 percent last month after increasing 0.4 percent in January.

  • Dollar falls, shares flinch as Trump turfs out Tillerson

    LONDON (Reuters) - The dollar fell on Tuesday and share markets flinched as news broke that U.S. President Donald Trump had ousted yet another of his top team, this time Secretary of State Rex Tillerson.
  • Markets Right Now: Muted inflation news sends stocks higher

    The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening higher on Wall Street and bond yields are falling as investors are relieved to see that inflation remained in check last month. Technology stocks and retailers, investors' favorites in...

    ABC News
  • U.S. consumer prices slow as gasoline falls, rents moderate

    WASHINGTON (Reuters) - U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual.
  • US consumer prices rose modest 0.2 percent in February

    Consumer prices increased at a modest pace in February, underscoring that inflation pressures appear to be muted for now. The consumer price index increased 0.2 percent last month, after a sharp 0.5 percent gain in January, the Labor Department said Tuesday. Core prices — which exclude the...

    ABC News
  • US consumer prices rose 0.2 percent in February, a sign inflation remains mostly in check

    US consumer prices rose 0.2 percent in February, a sign inflation remains mostly in check.

    ABC News
  • Inflation fears cool off as consumer prices rise in line with expectations

    Consumer prices likely rose 0.2 percent in February after a 0.5 percent gain in January, according to economists polled by Thomson Reuters.

  • World stocks inch higher ahead of U.S. inflation data

    LONDON (Reuters) - World shares inched higher on Tuesday, eking out limited gains as investors kept a wary eye on a U.S. inflation reading later in the day that could offer clues on the pace of Federal Reserve interest rate hikes this year.
  • Spring statement 2018: the chancellor's key points at a glance

    Philip Hammond is delivering his first spring statement. We will have all the key points, with political analysis• Spring statement 2018 - live blog Philip Hammond will deliver his first spring statement on Tuesday. The chancellor has promised a brief affair, with his speech expected to last for 20 minutes or so when he stands up at 12.30pm. The focus is likely to be on the state of the UK economy as Brexit looms. Forecasts for growth are expected to be revised up, while borrowing forecasts are...

    the Guardian
  • Pork pies out, quiche and raspberries in: how changing consumer tastes are reflected in official inflation measures

    Move over, pork pies and leg waxing;

    The Telegraph
  • Quiche in, pork pies out! UK inflation goods basket changes for 2018

    ONS basket has some interesting additions - gym leggings and soft-play - and some exclusions: a full leg wax and pasties Women’s exercise leggings are in while bottles of lager drunk in nightclubs are out in the annual shakeup of the UK’s shopping basket, suggesting the shift towards a healthier, hipster lifestyle continues. Women’s gym and girls’ leggings have been added to the shopping basket used by the Office for National Statistics to measure inflation, while the “bottle of lager in a...

    the Guardian
  • UK inflation basket update: GoPros and quiche in, pork pies and leg waxing out

    Quiches, women’s exercise leggings and GoPro cameras have been added to the UK’s representative inflation basket by the Office for National Statistics, while individual pork pies, nightclub lager and leg waxing sessions have been dropped. The update by the national statistics agency is based on annual surveys of households’ expenditure patterns.

    The Independent
  • Wall Street gets a reprieve on 2 of its biggest worries about the economy

    Two of Wall Street's biggest worries on the economy, inflation and wage growth, showed signs of moderation in February.  Labor Department data shows not only a subdued inflation trend but also suggests wage growth is moderating rather than picking up steam. Diplomatic tensions with North Korea. A criminal investigation into possible conspiracy against the United States. The sudden, unexpected firing of Secretary of State Rex Tillerson. Such massive turbulence has barely registered on the...

    Business Insider
  • We just got another sign that the stock market's biggest fear isn't playing out just yet

    Two recent economic reports show inflation is picking up — but not as quickly as investors had feared.  The real concern was about whether the Federal Reserve would be moved to raise interest rates faster than expected.  The correction that rocked the stock market in February coincided with a report that showed the strongest wage growth since the recession — a sign of inflation. Wall Street got another sign Tuesday that its worst fears about inflation may have not yet been realized.  The core...

    Business Insider
  • Leggings, quiche, and GoPro cameras: Here's what the ONS is now using to calculate the UK's cost of living

    The ONS updated its basket of goods on Tuesday. The basket is used to calculate the rate of consumer price inflation in the UK. Items such as women's exercise leggings and GoPros were added. Lager bought in nightclubs and peaches were removed. LONDON — Quiche, women's exercise leggings, and GoPro action cameras are now being used by the Office for National Statistics to measure how prices in the UK are changing, the statistical authority said on Tuesday. The ONS monitors the price of various...

    Business Insider
  • Cost hike leads to deeper losses at Cafe Rouge and Bella Italia owner

    Higher property costs and harsh trading conditions have led to pre-tax losses deepening at the owner of Cafe Rouge and Bella Italia.

    The Telegraph
  • This Week: Consumer prices, Williams-Sonoma earns, housing

    A look at some of the key business events and economic indicators upcoming this week: INFLATION WATCH Financial markets have been unsettled lately by signs pointing to higher inflation. Investors fear that a pickup in inflation will lead the Federal Reserve to raise interest rates...

    ABC News
  • Retail tsar restarts taskforce amid high street crisis

    Ex-Wickes and Iceland boss Bill Grimsey says its time to take stock of retail changes Retail tsar Bill Grimsey is to again lead a troubleshooting task force looking to revive Britain’s high streets after a string of collapses prompted fresh fears that town centres will become semi-derelict. Grimsey, a retail veteran who previously headed up Wickes and Iceland, led an influential independent review back in 2013 but is to revisit the subject amid the failure of Maplin and Toys R Us. Continue...

    the Guardian