The january cpi report offered an unwelcome surprise to the upside and sent markets tumbling. The fruits and vegetables index rose 1.1 percent over the 12 months ending in january.
The retail inflation rate registered a slight drop of 0.01 percent in one month, standing at 5.10 percent in january 2024. Here are five key takeaways from the us consumer price index report for january, released tuesday:
Consumer Price Growth Reaccelerated , With The Main.
Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025.
Find Out How Important Is The Upcoming Consumer Price Index Report This Thursday.
Q3 at 4.6 per cent;.
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Consumer Price Inflation Time Series
Consumer prices rose 3.4 percent in the year through december, in a report that comes as the federal reserve weighs cutting interest rates.
Cpi Is Widely Used As A Macroeconomic Indicator Of Inflation, As A Tool By Governments And Central Banks For Inflation Targeting And For Monitoring Price Stability, And As Deflators In.
The retail inflation rate registered a slight drop of 0.01 percent in one month, standing at 5.10 percent in january 2024.