May core inflation up 0.2 percent, as expected
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Core U.S. consumer prices rose a  moderate 0.2 percent last month, as expected, but  inflation-adjusted spending advanced just 0.1 percent as high  energy prices ate into disposable income, a government report  showed on Friday.
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The US Federal Reserve yesterday raised interest rates by a quarter point to 2.25 per cent and signalled that there had been no change in its assessment of economic conditions.
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The pound was firmer as inflation data showed the key annual CPI rate staying stubbornly at 2.1 percent in December -- above the Bank of England's 2.0 percent target -- for the third month in a row.
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which jumped steeply the previous month - increased only modestly, official figures showed yesterday. Inflation
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The ECB is likely to raise interest rates in a regular monthly policy meeting scheduled on Thursday. The key rate that is now at a historic low of 2% will probably be raised to combat inflationary pressures.
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Consumer prices rose slightly in August, easing fears that inflation, which surged earlier this year, would rapidly pick up steam.
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U.S. consumer prices rose a slight  0.1 percent in August while activity at mid-Atlantic factories  slumped this month, according to reports on Thursday seen  boosting chances of a pause later this year in the Federal  Reserve's drive to raise interest rates.
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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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Payments to Social Security recipients and most federal retirees will increase 2.3 percent in January. It is the smallest cost-of-living adjustment since 2003, reflecting a lower rate of inflation.
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Inflation rose to an annual rate of 2.2 percent in January, compared with 2.1 percent in December, official data showed on Tuesday.
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Canadian consumer prices unexpectedly fell in June, but that is unlikely to deter the Bank of Canada from raising interest rates in September, analysts said, as the annual inflation rate stayed well above target. Annual inflation held steady at 2.2 percent in June. The core rate, which excludes volatile items like gasoline, jumped back up to Aprilâs four-year high of 2.5 percent, after easing to 2.2 percent in May. âThis is good news for a day, but the Bank of Canada will still continue to hike rates to try to minimize any inflation overshoot,â said Carl B. Weinberg, chief economist at High Frequency Economics.
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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 core  inflation up at its fastest pace in five months.
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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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The government&#39;s most closely watched inflation measure, the Consumer Price Index, increased 0.2 percent in September, up from a 0.1 percent rise in August, the Labor Department reported Tuesday.
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The 0.2pc increase was slightly faster than expected. Economists had predicted the LEI would rise 0.1pc in the month. &quot;Although the LEI has declined for nearly half the year, the declines were relatively modest
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As the whole world expected, the Federal Reserve continued its policy of normalizing short-term rates by raising its policy target to 2 percent this week.
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US consumer prices rose a mild 0.2 percent last month, but a sharp jump in lodging costs pushed core inflation unexpectedly ahead at its quickest pace in five months, a government report showed on Tuesday.