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US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Inflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
US consumers ‘resilient and strong’ in face of high prices and interest rates
Earlier in the month, warehouse club chain Costco reported a 9.3 per cent year-on-year rise in US same-store sales in December, with the strongest gains coming from non-food departments such as ...
Global Shares Advance after Inflation Data Drives Rally on Wall Street
Bank of Japan data showed wholesale prices in Japan rose 3.8% in December last year compared to a year earlier, adding to ...
Free Malaysia Today8d
Global uncertainties drive ringgit higher against US dollar
KUALA LUMPUR : The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a ...
Fuel, non-food goods drive wholesale inflation to 2.4% in December
India's wholesale price inflation increased to 2.4% in December from 1.9% in November. This rise was due to higher costs of ...
Wholesale inflation rises to 2.4% in December
Wholesale price inflation accelerated in December to 2.4% annually due to rising prices of some manufactured products and non ...
Global uncertainties push ringgit to open higher against US$
The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting ...
Global shares rise as Wall Street rally follows positive US inflation data
Global shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on US inflation.