CPI Unchanged in US
World Economy

CPI Unchanged in US

US consumer prices were unchanged in July as the cost of gasoline fell for the first time in five months and underlying inflation moderated, which could further diminish prospects of a Federal Reserve interest rate increase this year, Reuters reported. The Labor Department said on Tuesday that the flat reading in its Consumer Price Index was the weakest since February and followed two straight monthly increases of 0.2%. In the 12 months through July, the CPI rose 0.8% after increasing 1% in June. Economists had forecast the CPI would be unchanged last month and rise 0.9% from a year ago.


Short URL : http://goo.gl/zOMbPH
  1. http://goo.gl/DXNa3x
  • http://goo.gl/sJybTI
  • http://goo.gl/7ID2Ce
  • http://goo.gl/Hmbzxa
  • http://goo.gl/2VtosC

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...