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India's Oct wholesale inflation accelerates to 4-month high
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.
India's Oct wholesale inflation accelerates to four-month high
India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.
Wall Street Drifts to a Mixed Finish
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update from the U.S. government. Futures for the S&P 500 were up just 0.
Stock Market Today: Wall Street Drifts to a Mixed Finish After an Inflation Update
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
Inflation Stays Firm
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
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Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
US, Inflation
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Inflation progress stalls in US in October
Inflation in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said.
US Producer Inflation Edges Higher In October
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure.
20h
on MSN
US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
CNN on MSN
1d
The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
“If he carries through on what he said during his campaign, there will be an
inflation
shock significantly greater than the ...
9h
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
11h
on MSN
Wholesale Inflation Rises as Markets Worry that Trump’s Economic Plans Could Lead to Higher Prices
Market interest rates have risen over the past few months and the 10-year Treasury, often a benchmark for borrowing costs, is ...
1d
Inflation Ticks Up Slightly
The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
16h
3 Side Hustles To Beat Inflation In 2024
The consumer price index (CPI) shows that inflation rose about 2.6 percent over the past year. Here are three side hustles to ...
12h
on MSN
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
5h
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
4h
on MSN
How a Trump Crackdown on Immigrants Could Fire Up Inflation
And Trump will enter the White House with some tailwinds on the immigration front, after President Joe Biden cleared the way ...
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