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US inflation accelerated to 2% in April

13.05.2019 10:01:18

The US Department of Labor released inflation data in April. Consumer prices rose by 2% over the year, pointing to accelerated inflation relative to price increases of 1.9% in March, and noting its highest level since November 2018. According to experts, the acceleration was expected to 2.1%. Consumer prices increased by 0.3% compared to the previous month, when there was an increase of 0.4%. Experts had predicted a rise in prices of 0.4%. The indicator, which does not take into account energy and food prices, increased by 0.1% relative to March. For the year, its growth was 2.1%. Energy for the month went up by 2.9%. Gasoline prices rose by 5.7%. At the same time, food prices dropped by 0.1%, medical care - by 0.3%. Falling prices for clothes are observed in the country for the second month in a row. In April, they dropped 0.8% after falling 1.9% a month earlier. Last month, growth in real hourly wages of US citizens was recorded at 1.2% in annual terms.

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07.07.2020 08:01:15

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03.07.2020 13:01:17

Taiwan’s June exports may be down 3%, inflation -0.87%: Reuters poll

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10.06.2020 12:01:14

Asian stocks mixed after China releases gloomy inflation data

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Mexico’s economy may have shrunk by 17% in April; finance minister says

Mexico’s economy is likely to have shrunk by 17% in April, finance minister Arturo Herrera told local broadcaster W Radio on Thursday. However, he reassured that the economy could shrink “a little less” in May as lockdown ...

09.06.2020 15:01:11

German exports and imports plummet in April

German imports and exports took a huge hit in April, revealing a record plunge since 1990 after the COVID-19 pandemic severely disrupted demand and supply. The data on Tuesday added to the bleak outlook for the biggest economy in Europe. Many ...

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