News

Inflation Held Steady at 2.7% in July

Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain ...

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

July CPI Inflation: The Core Is Crucial

The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest ...

'The risk that's on our doorstep': July inflation data has economists on edge

Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...

Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

Canada's annual inflation rate eases to 1.7% in July boosting some hopes of rate cut

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept ...

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...
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UK inflation hits highest level in 18 months

The Bank of England currently expects inflation to hit 4% in September, the all-important month for pensioners. Wage growth ...

South Africa's consumer inflation rises in July as expected

South Africa's headline consumer inflation rose to 3.5% year-on-year in July from 3.0% in June, in line with economists' ...