Inflation hottest in two years, output solid
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Consumer prices posted their biggest gain in more than two years in November as energy costs surged and a host of other prices marched higher, damping prospects of further interest-rate cuts from the Federal Reserve.
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Inflation in China reached a 27-month high last month, but separate figures for growth in the money supply and loans suggested that the broader economy was not yet overheating.
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UK inflation has accelerated to an annual rate of 2.7% in November, official statistical office figures show.
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Short-term Treasury yields climbed  toward two-year highs on Friday as investors bet the latest  U.S. jobs report was solid enough to keep the Federal Reserve  raising interest rates.
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US prices saw their biggest rise in two years in November, boosted by energy costs, official figures show.
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The pound jumped back up towards the 2.02 dollar level, adding to its strength from earlier in the day.
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Core U.S. consumer prices rose 0.2   percent as expected in August, but the year-on-year rate of   nonfood, nonenergy inflation rose to 2.5 percent, the highest   level in more than eleven years, a Commerce Department report   showed on Friday.
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Chinese inflation jumped to 2.7% in February, driven by higher food costs, official state figures show.
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U.S. consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push so-called core inflation up at its fastest pace in five months.
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which jumped steeply the previous month - increased only modestly, official figures showed yesterday. Inflation
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WASHINGTON -- Consumer inflation surged by the largest amount in more than two years in November, led by gasoline prices. The cost of clothing, airline tickets and prescription drugs also jumped.
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Core U.S. inflation advanced 0.2   percent in April and overall prices shot up a steep 0.5   percent, according to a government report on Friday that   financial markets will parse closely for clues on Federal   Reserve interest-rate moves.
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Consumer prices posted their biggest  gain in more than two years in November as energy costs surged  and a host of other prices marched higher, damping prospects of  further interest-rate cuts from the Federal Reserve.
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US consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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Consumer prices rose the most in more than two years in November as energy costs surged and a host of other prices marched higher, damping prospects of further interest-rate cuts from the Federal Reserve.
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Core U.S. consumer prices rose a   less-than-expected 0.1 percent in July, but the year-on-year   rate of nonfood, nonenergy inflation remained at 2.4 percent,   the highest level since September 2002, a Commerce Department   report showed on Thursday.
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Inflation averaged 2.2 percent in Germany last year, its highest level in 13 years, data released Wednesday by the national statistics office showed.