U.S. Core Inflation Hotter Than Expected
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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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U.S. Treasury prices rallied on  Wednesday as inflation excluding food and energy, one of the  Federal Reserve's preferred price measures, proved less  dramatic than bond bulls had feared.
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U.S. incomes rose much more sharply than expected in January, while spending and core consumer price growth also outpaced forecasts, a government report showed on Thursday.
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Consumer prices rose an as-expected 0.2% last month, a government report showed 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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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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But a rise in vehicle and prescription drug prices pushed the rate of core producer inflation â excluding food and energy â up 0.2 percent for the month, a slight acceleration from July.
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OTTAWA (CP) - Despite a rise in the price of gasoline last month, the annual inflation rate dipped slightly to 2.3 per cent. However, the core rate of inflation rose a bit more than analysts had expected, fuelling
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The dollar rose against the euro and yen ahead of monthly US inflation data that analysts said should give clues to the future direction of American 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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Inflation at the consumer level rose by a larger-than-expected amount last month as falling energy prices only partially offset big increases in the cost of medical care, food, and airline tickets.
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WASHINGTON - U.S. incomes and spending rose as expected in December, while core consumer prices gained less than anticipated, a government report showed on Thursday.
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U.S. stock futures edged higher on   Friday following a report showing the core personal consumption   expenditure index rose last month in line with expectations.
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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.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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The U.S. economy is poised to expand  at a moderate rate and "uncomfortably high" core inflation  should slow, but inflation risks are "primarily to the upside,"  Federal Reserve Chairman Ben Bernanke said on Tuesday.
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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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U.S. producer prices declined  unexpectedly by 0.1 percent in December after a sharp drop in  fuel prices, government data showed on Tuesday, but core  inflation at the producers level rose by 0.2 percent as  projected.