Food price index up 14.55% y/y as at Nov 7 Nov 19, 2009
Food price index up 14 ... Food price index up 14 ... NEW DELHI: India's food price index was up 14. (India Times)
Midwest CPI inches up in October Nov 19, 2009
The Midwest Consumer Price Index increased slightly in October, while costs for household utilities saw significant declines. The CPI was up 0. (Dayton Business Journal, OH)
Health care facts to take to the bank Nov 19, 2009
-For an unbroken 28 years, the inflation rate for medical care has jumped higher than changes in the consumer price index, which measures a sample "basket" of all goods and services. In the most 000000FA recent 12-month period that ended in September, for which price index information is available, the overall inflation rate was 1. (Fresno Bee -- Business)
US housing starts slump as inflation creeps up Nov 19, 2009
Separately, the Labor Department said the Consumer Price Index rose 0. 3 per cent last month as the cost of new vehicles rose by the most in more than 28 years. (Sydney Morning Herald -- Business)
Canada records inflation of 0.1% Nov 19, 2009
The increase, as measured by the Consumer Price Index, compares with the deflation of 0. 9% recorded in September, said Statistics Canada. (BBC News -- Americas)
Surprise fall in US home building Nov 19, 2009
The consumer price index rose 0. 3%, pushed up by higher energy prices. (BBC News -- Americas)
Consumer prices inch up a bit in Seattle Nov 19, 2009
The All Items, Consumer Price Index for All Urban Consumers (CPI-U) in the Seattle-Tacoma-Bremerton Consolidated Metropolitan Statistical Area measured 226. 277 last month compared with 1982- 84, when it was 100, the government said. (Puget Sound Business Journal, WA)
Wages growth slowing on cue Nov 18, 2009
The wage price index for total hourly rates of pay, excluding bonuses, rose by 0 ... The wage price index in the private sector rose by 0. (Sydney Morning Herald -- Business)
Inflation Index Rose Less Than Expected in October Nov 18, 2009
Oct Producer Price Index ... The producer price index for finished goods rose 0. (SmartMoney)
Pa. House debates changes to legal ad rules Nov 18, 2009
The proposal under consideration Tuesday would set legal ad rates at three-fourths of the lowest commercial rate in effect on July 1, with future increases pegged to the regional consumer price index. It would also require legal ads to be available through a searchable on-line database. (Carlisle Sentinel, PA)
Regional Roundup Nov 18, 2009
Usually it is tied to the cost of living through the Consumer Price Index. At a Sept. 15 meeting, Haines asked city staff to put a study on the agenda at a future meeting to see if the council is willing to pay for it. (Lodi News Sentinel, CA)
Court again upholds Save our Homes Nov 18, 2009
The constitutional amendment, which passed in 1992 and went into effect in 1995, caps the increase in annual assessments of homestead properties in Florida to 3 percent or the Consumer Price Index, whichever is less. It was designed to protect full-time Florida homeowners from skyrocketing increases in property values. (South Florida Business Journal, FL)
US inflation tame as industrial output growth slows Nov 18, 2009
In another report, the US Labor Department said its producer price index, a gauge of prices received by farms, factories and refineries, rose 0 ... Economists expect the consumer price index to rise a modest 0. (Sydney Morning Herald -- Business)
JSE opens flat, eyes European markets Nov 18, 2009
Setting off Wednesday's session, traders will have a near real-time look at inflation, with the consumer price index for October set to be released in the morning. "Gold and commodities do better than stocks, bonds and real estate in rising inflationary environments," said Gregg Fisher, president of GersteinFisher. (Business Report, South Africa)
Municipalities stand to lose if debated estate tax dies Nov 18, 2009
In addition, House Bill 326 would increase the estate tax exemption threshold to $366,250 in 2010 and tie future increases to the Consumer Price Index. It would also give cities, villages and townships the right to exempt the estate tax within their jurisdictions. (Columbus Business First, OH)
Disney sets out to make 'The Passion for kids' Nov 17, 2009
The Consumer Price Index - the measure used by the Bank to set interest rates - is now 1. 5pc higher than a year ago. (Yahoo News -- 'The Passion of the Christ')
UK inflation rate rises to 1.5 pct in Oct Nov 17, 2009
The broad-based retail price index was down by 0. 8 percent in October after dropping 1. (OregonLive, OR -- Business)
Across Knox County, 11-16: Thanksgiving dinners a bargain this year Nov 17, 2009
As of September, the Consumer Price Index reported that grocery store prices are, on average, 2. 5 percent lower than they were at this time last year, she said. (Vincennes Sun Commercial, IN)
Health Care Progress Report: November 16 Nov 17, 2009
The New York Times that the pharmaceutical industry is raising its prices at the fastest rate in years -- even as the Consumer Price Index falls -- canceling out a large portion of the the industry promised to President Obama. (AP Photo/Harry Hamburg)SENATE: Abortion and cost issues are just as hazardous for Harry Reid in the Senate. (CBS News -- Politics)
Move afoot to cancel Pa. officials' COLA Nov 17, 2009
The salary increases are based on the rise in the Consumer Price Index (the inflation rate) during the previous 12 months in the Philadelphia area, and that usually works out to 3 or 4 percent. Because of this COLA law, a rank-and-file lawmaker's annual salary has risen from $69,647 in 2005 to $72,187 in 2006, to $73,614 in 2007, to $76,163 in 2008, to $78,300 in 2009. (Pittsburgh Post-Gazette, PA)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with the Dominican Republic Nov 17, 2009
Consumer price index (period average) ... Consumer price index (eop). (IMF News)
Australia's Central Bank Says Pace of Rate Gains Remains `Open Question' Nov 17, 2009
Underlying inflation and gains in the annual consumer price index were expected to be consistent with the central banks target range of between 2 percent and 3 percent, the minutes said. The central bank this month predicted the nations economy will expand at more than three times the pace it forecast in August. (Bloomberg -- Australia & New Zealand)
New central bank chief should focus on demand Nov 17, 2009
By reference to consumer price index (CPI) inflation, now 6 ... But if prices realised by producers, represented by the producer price index (PPI), are taken as the point of reference, real interest rates have increased to exceptionally high levels of more than 10 percent. (Business Report, South Africa)
BUSINESS BRIEFING A Guide to the Week's Most Notable Business Events Nov 16, 2009
-- Labor Department releases Consumer Price Index for October. TH. (San Francisco Chronicle -- Business)
Indecisive Wall Street likely to stay that way Nov 16, 2009
The Producer Price Index, which measures inflation at the wholesale level is due out Tuesday and likely rose 0 ... The Consumer Price Index, a measure of prices at the retail level, likely gained 0. (MSNBC -- Business)
Retirement Investing: The End Game Nov 16, 2009
For conservative, risk-averse investors who are also worried about the long-term inflation threat, there is one relatively simple solution: Treasury Inflation-Protected Securities, or TIPS, are bonds issued by the federal government that are guaranteed to keep pace with increases in the government-calculated consumer price index. There are disadvantages to TIPS, however. (BusinessWeek)
Drug price hikes could offset savings in bill Nov 16, 2009
The drug trend is distinctly at odds with the direction of the Consumer Price Index, which has fallen by 1. 3 percent in the last year. (Boston Globe)
The Colombo Stock Exchange in Sri L... Nov 16, 2009
After performing averagely throughout the 1990s mainly due to the Sri Lankan civil war, firstly the ceasefire agreement signed in 2001 and then the official declaration of the end of the war in May 2009, there was unprecedented growth in the both indices of the CSE; the All Share Price Index (ASPI) and the Milanka Price Index (MPI). The ASPI Index, which was around the 500 mark in August 2001, has now surpassed the 3000 mark. (Suite101.com)
- Proposed water rate hike to be discussed in Imperial workshop (1) Nov 16, 2009
Any rate hikes during the fourth year would be subject to changes in the consumer price index under the proposal. IF YOU GO. (El Centro Imperial Valley Press, CA)
ECB's Noyer: Price Stability Should Remain Main Goal Nov 16, 2009
Bank of Japan Governor Masaaki Shirakawa, speaking at the same forum, said the BOJ should not look just at short-term price indicators, such as the consumer price index, in measuring price stability. With the world's biggest economies emerging from recession, debate has turned to how and when policymakers should start cutting back on the trillions in public support pledged to ease the impact of the worst economic downturn since World War Two, while at the same time maintaining credible fiscal... (ABC News -- Wire)
Thanksgiving Dinner Costs Less to Make This Year: Chart of the Day Nov 15, 2009
The U.S. consumer price index is also displayed for comparison. This years survey, released yesterday, put the cost of feeding 10 people at $42. (Bloomberg)
Canada Dollar Strengthens to One-Month High on Economic Recovery Outlook Nov 15, 2009
Canadas consumer price index likely increased 0. 1 percent in October from a year earlier, after four straight monthly declines, according to the median forecast in a Bloomberg News survey of 21 economists. (Bloomberg -- Canada)
India inflation gains pace Nov 15, 2009
34 percent in October from the same month a year earlier, according to the Wholesale Price Index, calculated by the government for the first time on a monthly basis ... The government has begun compiling the Wholesale Price Index, India's most-watched cost-of-living benchmark, on a monthly rather than a weekly basis. (Yahoo! Asia News)
Inflation rises to 1.34% in October Nov 15, 2009
5% a month earlier due to costlier food items, the data released on the new monthly wholesale price index released on Saturday ... In a new system of reporting wholesale price index (WPI)-based inflation, the entire index will be reported only once a month now against every week earlier ... The government is likely to announce a revamped wholesale price index from the next fiscal. (India Times)
Mkt poised, global cues key Nov 14, 2009
In the last official weekly data, the wholesale price index rose 1. 51 percent in the 12 months to Oct. 17. (India Times)
Health care too costly Nov 14, 2009
Every day there are reports that show the cost of living in certain categories far exceeds the Consumer Price Index ... Why are the costs of health care not included in the Consumer Price Index, which is used to determine the level of inflation as reflected in the costs of goods and services. (Fresno Bee -- Opinion)
October WPI inflation at 1.34 pct y/y: Govt Nov 14, 2009
The wholesale price index was up 1 ... The consumer price index, which attaches greater weightage to food and essential items, was up 11. (India Times)
Stocks Gain on Earnings, Weaker Dollar Nov 14, 2009
Other key reports next week: the Empire State index for November and business inventories for September on Monday; the October producer price index (PPI) and industrial production reports on Tuesday; the October consumer price index (CPI) and housing starts releases on Wednesday; and weekly initial jobless claims, the index of leading economic indicators for October, and the November Philadelphia Fed index on Thursday. In economic news Friday, U.S. consumer sentiment dropped to 66. (BusinessWeek)
Petro min seeks 33% hike in OIL, ONGC gas price Nov 14, 2009
Sources said the proposed prices are in line with the Tariff Commission recommendation, which in 2005 suggested a producer price of Rs 3,600 per thousand cubic meters to ONGC and Rs 4,040 per thousand cubic meters to OIL. On top of this, the price would change by Rs 55 per thousand cubic metre for every 10 points change in Wholesale Price Index (WPI). WPI has risen by 49 points since the TC recommendation. (India Times)
Indian Wholesale Prices Rose 1.34% in October from Year Ago, Ministry Says Nov 14, 2009
The benchmark wholesale-price index climbed 1 ... Until now, Indias statistics department released four consumer price indexes for different groups such as farm and industrial workers ... The central bank and the finance ministry use the wholesale price index as the benchmark, as the other inflation measures dont capture the aggregate price picture. (Bloomberg -- Asia)
S&P Faces 1,100, Searches for Catalyst Nov 14, 2009
That will put next week's round of economic data in the spotlight, including retail sales, the Consumer Price Index and housing starts. The equity market's 60 percent rise from 12-year lows hit in March reflects optimism for improved demand in coming months. (ABC News -- Wire)
Japan's 'lost decade' provides lesson for America Nov 14, 2009
- and Japan's Urban Land Price Index began an unbroken decline that continues to this day. As of the latest measure, 2008, the index was well under half its 1991 level. (Athens Banner-Herald)
Food inflation at 13.7% Nov 13, 2009
From last week, the government has shifted to a new system of reporting the wholesale price index (WPI)-based inflation. The government will now only report the index number for primary articles and fuels every week. (India Times)
Business events scheduled for the coming week Nov 13, 2009
WASHINGTON-Labor Department releases the Producer Price Index for October, 8:30 a.m.; Treasury releases money flows data for September, 9 a.m.; Federal Reserve releases industrial production for October, 9:15 a.m.; National Association of Home Builders releases housing market index for November, 1 p.m. ... WASHINGTON-Labor Department releases Consumer Price Index for October, 8:30 a.m.; Commerce Department releases housing starts for October, 8:30 a.m.. (OregonLive, OR -- Business)
New Zealand Housing Prices Rise as Record Low Rates Boost Property Market Nov 13, 2009
New Zealands October House Price Index Rises 1 ... New Zealands October House Price Index Rises 1. (Bloomberg -- Australia & New Zealand)
Burst the Inflation balloon Nov 13, 2009
However, by July 2008, the key Indian Inflation Rate, the Wholesale Price Index, had risen above 11%; it's highest in 13 years. This is more than 6% higher than a year earlier and almost three times RBI's target of 4. (India Times)
Oil slips further on US stockpiles Nov 13, 2009
He added that next year's economic growth was unlikely to bring inflation risks, with the consumer price index possibly rising about 2. 5 per cent.. (Sydney Morning Herald -- Business)
Housing's future changing Nov 13, 2009
Also, when wanting to examine the real change in house prices, it would probably be more desirable to use average remuneration (wage) or income with which to deflate nominal house prices as opposed to using the consumer price index (CPI), as CPI is not as good an indicator of home purchasing power changes ... Using the FNB House Price Index, which dates back to July 2000, to the peak of the House Price Indexs existence in February 2008, the cumulative house price inflation that took place was... (iAfrica.com)
Annual food inflation rises to 13.7% Nov 12, 2009
9%, according to the limited data on wholesale price index released by the commerce ministry ... This was the second week during which data on wholesale price index was issued as per the new guidelines approved by the Cabinet Committee on Economic Affairs, restricting the disclosure of index numbers to primary articles and fuels ... The full data will be available only on a monthly basis as opposed to the weekly release earlier, with Nov 14 set as the date on which the complete wholesale price... (India Times, India)
Strength of British recovery 'highly uncertain' Nov 12, 2009
The BoE also forecast a sharp spike in British 12-month consumer price index inflation before the end of 2009, although this was likely to fall back to around the current level of 1. 1 percent in late 2010. (Yahoo! Asia News)
New WPI not before next April Nov 12, 2009
NEW DELHI: A new comprehensive wholesale price index (WPI) is likely to replace the current one by the beginning of the new fiscal, as the government expects data collection issues for the wider index to be sorted out by April next year ... The data flow based on the new index, which has a wider product basket and an updated base year, is not yet smooth, it would be difficult to launch the new index before April next year, said Abhijit Sen, Planning Commission member and head of the committee... (India Times)
British recovery highly uncertain: BoE Nov 12, 2009
The Bank of England (BoE) also forecast a sharp spike in British 12-month consumer price index inflation before the end of 2009, although this was likely to fall back to around the current levels in late 2010. "CPI inflation fell to 1.1 per cent in September, but is likely to rise sharply to above the two per cent target in the near term," said the BoE.. (Sydney Morning Herald -- Business)
Poll: Five percent of Americans plan to buy a home next year Nov 12, 2009
Home prices rebounded this summer at an annualized pace of almost 7%, according to the Standard & Poor's/Case-Shiller home price index. But with high unemployment and foreclosures clouding the picture, economists debate whether prices will dip again. (USA Today -- Money)
Chile May Keep Rate at 0.5% After Prices Drop Most Since Great Depression Nov 12, 2009
The underlying price index, which excludes changes in the price of fresh food and fuel, fell 0. 4 percent during the same period. (Bloomberg -- Latin America)
Deutsche Bank's Cosmopolitan Vegas Condo Buyers Misled, Lawsuit Alleges Nov 11, 2009
Home values in Las Vegas fell 55 percent through September from their August 2006 high, according to the S&P/Case Shiller Single Family Home Price Index. The Las Vegas Strip is experiencing its worst annual decline on record, with casino gambling revenue dropping 12 percent in the nine months through September. (Bloomberg -- Germany)
China said Wed retail sales,industrial output up in October Nov 11, 2009
The key inflation rate, the consumer price index, was down 0. 5 percent in October from the same month last year, according to the National Bureau of Statistics. (The Star Online, Malaysia -- Business)
Fed Officials Say Recovery Will Be Slow as Unemployment Hampers Spending Nov 11, 2009
The Feds preferred measure of inflation, the personal consumption expenditures price index minus food and energy, is rising at a level thats below the 2 percent regarded as consistent with price stability, Yellen said. Core inflation will probably move even lower over the next few years, Yellen said. (Bloomberg)
China's output, retail sales gather pace in October Nov 11, 2009
" onclick="Next();" src="/images/butt_next. " Ben Simpfendorfer, an economist at Royal Bank of Scotland in Hong Kong, said the heavy industrial manufacturing sector - cars and metals - was leading the recovery thanks to government spending. "This profile can be sustained through the first half of 2010," Simpfendorfer said. "However the recovery remains unbalanced. (Channelnewsasia.com)
Rate rises signalled Nov 10, 2009
However, consumer price index (CPI) inflation is likely to rise in coming quarters as temporary factors that have held it down fade, and is expected to be similar to underlying inflation in 2010. Related articles. (Sydney Morning Herald -- Opinion)
Subsidy rush lays foundations for a building boom Nov 10, 2009
The latest RP Data house price index shows the typical Sydney price passing $600,000 and the typical Melbourne price approaching $500,000 after swelling 9 per cent and 13 per cent respectively in the past year. Apartment prices are lower and the houses bought by first-home buyers are usually much cheaper. (Sydney Morning Herald -- Business)
Real Estate Outlook: Pending Sales Rise Nov 10, 2009
Also, the Clear Capital "HDI" home price index rose by 3. 7 percent on a national average basis between September 26th and October 28th. (RealtyTimes)
Asian Markets Track US Higher After Jobs Report Nov 9, 2009
Several key economic indicators are due out this week, including retail sales, industrial output and the consumer price index. Hong Kong's Hang Seng index rose 1. (ABC News -- Business)
Why Some Countries Are Stopping Their Stimulus Nov 9, 2009
The country's consumer price index as of September actually rose just 1. 3%, but the fear is that the resurgent economy and government's $38 billion in cash handouts and infrastructure spending will push inflation above 3. (Time.com)
Print giving way to Net Nov 9, 2009
Last Upd: 07:15am 09 Nov 2009. Life Insurance Quote. (iAfrica.com)
Gautengers saving Clarens Nov 7, 2009
FNB's October House Price Index provides a definitive answer. In the market for a new home. (iAfrica.com)
