November CPI up 0.8 percent
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Consumer prices jumped a bigger-than-expected 0.8 percent in November, the sharpest climb in more than two years and driven by surging energy costs, a government report released on Friday showed.
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Twelve-month inflation rose to 2.7 percent in November, the highest level since Labour came to power in 1997, official data has shown.
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House price growth accelerated in November, rising 1.4% for the month, according to the Nationwide.
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The rise in wholesale prices in November was a reminder that inflation remains a threat despite recent signs that prices may be settling down.
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Government data shows UK house price inflation rose 13.8% in the year to November but economists expect to see a slowdown in the months ahead.
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Overall U.S. consumer prices and   costs excluding food and energy both rose 0.2 percent in   August, right in line with market expectations, according to a   Labor Department report on Friday that may help reassure the   Federal Reserve that inflation pressures are continuing to   ease.
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Elevated energy costs kept inflation at an annual rate of 2.1 percent in November, official data showed Tuesday, but analysts still forecast more interest-rate cutting by the Bank of England.
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Consumer prices show a tame 0.2% rise in November. Oil approaches $45 per barrel. OSI Pharmaceuticals jumps more than 40%. The market looks to start the day mixed as investors weighed another gain in oil prices against a moderate rise in consumer prices.
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U.S. consumer prices and core  consumer prices were unexpectedly flat in November as energy  and transportation costs fell, according to a government report  on Friday that eased inflation worries.
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WASHINGTON - US producer prices, a measure of inflation at the wholesale level, rose by a faster-than-expected 0.5% in November, seasonally adjusted Labor Department data showed.
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The Labor Department reported Friday inflation at the retail level as measured by the consumer price index grew 0.2 percent in November as prices of gasoline and some types of food dropped.
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U.S. consumer prices held steady in November, confounding expectations of a small rise, as energy and vehicle costs dropped, according to a government report on Friday that eased inflation worries.
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U.S. retail sales increased by 0.1  percent in November, the Commerce Department said on Monday,  slightly stronger than expectations, while the previous month  was revised sharply higher.
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OTTAWA (CP) - Higher gasoline prices compared with one year earlier helped to drive up the annual inflation rate to 2.4 per cent in November, Statistics Canada said Friday.
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Consumer prices calmed down in November, helped by smaller increases in energy and food. That means the Federal Reserve probably will continue raising interest rates only gradually to keep inflation under control.
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US consumer sentiment improved at a slower pace than expected in November despite an improving labour market and easing energy prices.
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U.S. consumer prices rose modestly  in November as a surge in energy costs a month earlier  moderated, the Labor Department said on Friday.