Wage gains stay ahead of inflation in August
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Gains in workers&#39; pay outpaced inflation for the second straight month in August, the government said Thursday in a report suggesting subdued price pressures are helping employees come out slightly ahead.
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Consumer prices barely budged in August, suggesting that inflation isn't currently a problem for the economy and Federal Reserve policy-makers can stick with a gradual approach to raising interest rates.
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THE Federal Reserve is expected to keep raising official interest rates this month after the US economy added 144,000 jobs in August.
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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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Ok, so most consumer prices barely budged in August. Inflation is far from a threat now. And things, especially in Michigan, aren&#39;t exactly smoking.
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The rate of inflation rose in August for the fourth successive month as this year&#39;s series of interest rate rises drove up the cost of buying a house.
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British 12-month inflation rose to 2.5 percent in August from 2.4 percent the previous month.
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WASHINGTON - The Labor Department will release the August Consumer Price Index this morning at 8:30 a.m. EDT...
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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 dollar rose on Wednesday but  stayed within narrow ranges, as traders adjusted positions  ahead of Friday's U.S. payrolls data for September, the final  jobs report before November's presidential elections.
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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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WASHINGTON : Healthy wage growth boosted US personal incomes by 0.4 percent in August, but consumer spending was flat for the month, the Commerce Department said.
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Consumer prices barely budged in August, suggesting that inflation is not currently a problem for the economy and that Federal Reserve policy makers can stick
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U.S. stocks rose on Friday after   August employment data showed a slowdown in wage inflation and   moderate jobs growth, suggesting the Federal Reserve may be   able to keep interest rates unchanged.
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China's key inflation indicator remained at 5.3 percent in August, the government reported Monday in the latest release of data suggesting economic planners might take further action to slow the booming economy.
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Core U.S. consumer prices rose 0.2   percent as expected in August, but a year-on-year inflation   index was at an 11-year high, pointing to risks of inflation, a   government report showed on Friday.
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Thursday's bond price rally followed a government report that showed that inflation was well restrained in August.