Gauge of Inflation Falls in August
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The producer price index, which measures the wholesale prices that businesses charge one another, rose just 0.1 percent overall.
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Consumer prices fell 0.1 percent in August as energy costs fell, keeping pace with the yearâs slowdown in inflation and offering some comfort to Fed officials after yesterdayâs half-point rate cut.
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Thursday's bond price rally followed a government report that showed that inflation was well restrained in August.
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Britain&#39;s inflation rate fell in August further below its 2.0 percent government-set upper limit target with clothing and footwear prices actually falling, official data showed on Tuesday.
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British inflation slowed to 1.8 percent in August from a rate of 1.9 percent in July, official data showed Tuesday.
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WASHINGTON: New data yesterday showed US inflation in check, with consumer prices up a modest 0.1 per cent in August, giving the Federal Reserve room go slow on boosting interest rates.
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US wholesale prices dipped 0.1percent in August as a retreat in food costs helped offset a rise in energy prices, the US Labor Department reported Friday.
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WASHINGTON (CBS.MW) -- Prices of US wholesale goods and services fell 0.1 percent in August, the Labor Department said Friday. The core producer price index -- adjusted to exclude food and energy goods -- also fell 0.1 percent.
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WASHINGTON Sept. 16, 2004 - Consumer prices rose just 0.1 percent in August, a sign that inflation poses no immediate risk to the economy.
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Consumer prices posted a rare decline in August while the battered housing industry saw construction fall to the slowest pace in 12 years.
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holding off inflation worries for another month - though economists warned higher prices may be on the way. Prices paid by businesses fell
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The US Labor Department said Thursday inflation at the consumer level remained tame in August. The consumer price index rose 0.1 percent in August, reversing a 0.1 percent decline in July, the Labor Department said.
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Inflation was under control in July and U.S. factories were busier than forecast, according to economic data released on Friday, but other reports showed U.S. consumer sentiment worsened in August and the outlook for economic growth weakened.
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A surprise drop in US wholesale prices in August showed inflation apparently in check, but analysts said this was good and bad news for the US economy.
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The inflation rate unexpectedly fell further below its 2.0 percent government-set target in August as clothing and footwear retailers raised prices by less than a year ago, official data shows.
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The CPI rate of UK inflation fell to 1.8% in August from 1.9% in July, figures show, helped by cheaper energy bills.
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US inflation fell by 0.1 per cent in July -- the first decline since late last year -- on a drop in gasoline prices, the US Department of Labour said yesterday in a report that suggests underlying price pressures in the world&#39;s biggest ...