Consumer inflation edges up 0.1% in June, CPI shows, but price pressures still muted
Thursday, 11 July 2019 19:54 WIB | ECONOMY |Ekonomi ASCPI Amerika

Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is likely to cut interest rates by the end of the month.

The consumer price index rose 0.1% in June, the government said Thursday. Economists polled by MarketWatch had forecast no change.

The increase in the cost of living over the past 12 months slipped to four-month low 1.6% from 1.8%.

Another closely watched measure of inflation, however, was not as tame. The so-called core rate that strips out food and energy jumped 0.3% last month, marking the biggest increase in a year and a half. Higher rents were a big contributor.

The 12-month increase in the core rate edged up to 2.1% from 2%.

Source: marketwatch

RELATED NEWS

U.K. Retail Sales Unexpectedly Jump, Reversing Two-Month Drop
Thursday, 18 July 2019 15:48 WIB

U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note. The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by B...

Australia Employment Steadies in June as Full-Time Jobs Increase
Thursday, 18 July 2019 08:51 WIB

Australian employment rose 500 in June as a slide in part-time positions countered gains in full-time work. Jobs increase compared with economists™ forecast of a 9,000 gain; the unemployment rate remained at 5.2%, as expected by economists. Full-time positions rose 21,100; part-time ro...

UK CPI steadies at 2.0% y/y in June, meets estimates (GBP unmoved)
Wednesday, 17 July 2019 15:46 WIB

The UK Consumer Prices Index (CPI) 12-month rate came in at 2.0% in June, when compared to 2.0% booked in May while coming in line with expectations of a 2.0% print, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and e...

Retail sales pop again in June in good sign for consumer-driven U.S. economy
Tuesday, 16 July 2019 19:58 WIB

Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes. Retail sales increases 0.4% last month, the government said Tue...

UK wages rise by 3.6% 3m y/y in May, beat estimates
Tuesday, 16 July 2019 16:02 WIB

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses bettered expectations, arriving at 3.6% 3m y/y in May versus 3.4% last and 3.5% expected while the gauge including bonuses came in at 3.4% 3m y/y in May versus 3.2% previous and 3.1% expec...

ANOTHER NEWS
Brother of Manchester Bomber Extradited from Libya to Britain
Thursday, 18 July 2019 23:36 WIB The brother of the suicide bomber responsible for killing 22 people at an Ariana Grande concert in Manchester has been extradited from Libya to Britain. Hashem Abedi, 22, was arrested after he landed at a London airport on Wednesday. Salman...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.