Consumer prices fall in July
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Falling gas prices reduced the overall measure of prices paid by consumers in July, according to a government report Tuesday, as inflation was far less than Wall Street&#39;s expectations for the month.
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Consumer spending emerged from a slump and rebounded in July as households dipped aggressively into their pocketbooks after an unexpected spell of restraint in June.
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It was the first decline in consumer prices since October as energy prices fell, but core inflation rose as expected, government data showed.
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Retail sales slid in August as people steered away from buying cars and shoppers kept a close eye on their spending after splurging in July.
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British retail sales fell in July for the first time in over a year, official figures showed, providing further evidence that higher borrowing costs are dampening consumer activity.
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The CPI rate of UK inflation fell to 1.8% in August from 1.9% in July, official figures show.
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Consumer prices fell at a slower pace in April, the government reported. Core consumer prices, which exclude fresh food, declined 0.1 percent from a year earlier. The measure of inflation fell 0.3 percent in March, the steepest drop in two years, matching the median estimate of 44 economists surveyed by Bloomberg News. Core prices in Tokyo, a harbinger of nationwide prices, were unchanged for a second month, also in line with economistsâ expectations.
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U.S. consumer prices dropped in July  for the first time in eight months as a sharp run up in energy  costs reversed, the government said in a report that suggested  a slow rate of interest rate hikes is likely.
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Cheaper clothes prices helped to lower the UK inflation rate in August, with the consumer prices index (CPI) down to 1.3% from 1.4% in July.
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Consumer Prices Index inflation, the Governmentâs target measure, fell to 1.3 per cent in August, down from 1.4 per cent in July.
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US consumer spending rebounded in July, a sign the economy may be emerging from an early summer decline. Consumer spending rose 0.8% last month, boosted by car and retail sales.
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U.S. consumer prices dropped in July  for the first time in eight months as a sharp run up in energy  costs reversed, the government said on Tuesday in a report  showing inflation pressures largely in check.
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Consumer prices unexpectedly dipped 0.1 percent last month and new home construction hit a 12-year low, data on Wednesday showed, underlining concerns about the country's economic outlook.
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The euro zone&#39;s annual inflation rate eased unexpectedly to 2.3 percent in July from 2.4 percent in June, with lower prices for clothing during summer sales offsetting surging oil prices, the European Union&#39;s statistics agency reported Wednesday.
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Consumer prices fell by 0.1 percent in July as gasoline costs posted their biggest decline in eight months, the government reported today.
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Core U.S. consumer prices rose by a less-than-expected 0.1 percent in July, showing stable prices that held the year-on-year rate of nonfood, nonenergy inflation to 1.9 percent for the second month in a row, the Commerce Department said on Friday.
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Consumer price inflation fell to 1.3% in August, official figures show, as interest rate rises begin to make their mark on the economy.