The National Bureau of Statistics (NBS) is currently undertaking a rebasing exercise for Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This initiative is aimed at ...

The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other ...

Statistics South Africa (Stats SA) has recorded an increase in the Consumer Price Index (CPI), with data showing that inflation increased in December to 3%, from 2.9% in November 2024. “At the end of ...

Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year.

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

According to a press statement on Monday by the agency’s Director of Communication and Public Relations, Sunday Ichedi, the rebased CPI, which will be unveiled at the end of January 2025 ...

Stocks took a leg higher after the Consumer Price Index (CPI) showed progress toward the Fed's 2% inflation target in December. Prices climbed 0.2% month-on-month on a "core" basis, which strips ...

Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by ...

The CPI news indicated that the Federal Reserve may be more likely to lower interest rates in the future, assuaging some investors fears of an extended pause or even higher rates. Lower rates and ...

2-year yield plunges by most since September on mild core CPI inflation reading Last Updated: Jan. 15, 2025 at 3:44 p.m. ET First Published: Jan. 15, 2025 at 3:57 a.m. ET Share ...

Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve still isn’t likely to cut interest rates anytime soon given President ...

US stocks spiked Wednesday morning, as the CPI report boosted traders’ hopes that the Federal Reserve will continue its rate-cutting campaign this year. The Dow was up by almost 700 points in ...