Tag: Consumer Price Index
Rising Inflation Threatens RBA’s Next Cash Rate Meeting
The eagerly-awaited quarterly inflation numbers to be published by the Australian Bureau of Statistics are poised to have a profound impact on the next cash[more...]
US Stocks Drop as Consumer Prices Unexpectedly Fall
--- US stocks faced a significant downturn as the latest Consumer Price Index (CPI) data revealed an unexpected decline in consumer prices, leading to a[more...]
Stocks Mixed as Investors Digest Inflation Data and Fed Projections
Stocks closed with mixed results on Wednesday as investors weighed the impact of a key inflation report and the Federal Reserve's latest projections for interest[more...]
Rising Food Prices in Nigeria Prompt Calls for Policy Adjustment
The average price of imported food commodities to Nigeria has climbed to a record high, increasing by 34 percent over the course of a year.[more...]
US Inflation Slows Down in April, Easing Pressure on American Families
Inflation in the United States showed signs of slowing in April, providing a glimmer of hope for American families grappling with rising living costs. The[more...]
The Reserve Bank’s Interest Rate Increases Fuelling Cost-of-Living Pressures on Working Australians
The Reserve Bank of Australia's efforts to control inflation through its interest rate increases have inadvertently led to higher cost-of-living pressures on Australian workers. According[more...]
Australian Inflation Holds Steady for Third Consecutive Month
------------------- The latest inflation data from the Australian Bureau of Statistics has revealed that the country's inflation rate has remained steady at 3.4% for the[more...]
The Truth Behind Inflation: Wages Growth Tops Corporate Profit in Driving Consumer Price Rises
A confidential analysis by the Treasury has revealed a surprising shift in the factors driving consumer price inflation in Australia. Contrary to popular belief and[more...]
Nigeria’s Inflation Rate Hits 28.92% in December: Highest in 21 Years
Nigeria's Inflation Hits 21-Year High: What's Behind the Surge? Nigeria's Consumer Price Index data for December 2023, released by the National Bureau of Statistics, has[more...]
Australian Inflation Drops to 4.3%, Lowest in Nearly Two Years: Economic Indicators Remain Mixed
The latest official data from the Australian Bureau of Statistics (ABS) has indicated that the annual inflation rate in Australia has reduced to 4.3%, the[more...]
