The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Tim Evanson/Flickr.com (CC by SA-2.0) The Consumer Price Index (CPI) is the most widely used metric for consumer inflation changes over time and utilizes data based on consumer buying habits from ...
Stocks rallied on January 15, following an encouraging consumer price index (CPI) report that indicated a slowdown in core inflation and strong earnings from major U.S. banks.
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month earlier, its smallest gain since July and less than the 0.3% increase expected by economists.
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The Conference Board released a report on Tuesday showing its U.S. consumer confidence index decreased from a notably upwardly
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The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
U.S. Consumer Confidence dropped to 104.1 in January from 109.5 in December, missing the 106.3 consensus estimate and 109.5 in December, according to data released by The Conference Board on Tuesday. The December reading was revised up by 4.8 points from 104.7 initially estimated.
The University of Michigan's index of consumer sentiment dipped to 71.1 at the end of January, below both the mid-month reading and the previous month, the university said. It also was below economists' expectations for a reading of 73.2, according to a poll compiled by The Wall Street Journal.
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