Peshawar blast addsto investor woes Oct 30, 2009
The consumer price index surged 10. 7% in September compared with a year earlier, according to the FBS. The wholesale price index gained only 0. (Asia Times Online)
Japan central bank to end corporate debt buying Oct 30, 2009
Prices are falling as a result, with the nation's core consumer price index down 2. 3 percent in September from the previous year. (The Star Online, Malaysia)
Letters to the editor (10/30/09) Oct 30, 2009
By comparison, my health insurance premium has increased 216 percent over the past seven years, while the Anchorage Consumer Price Index for the same period was 15 percent. The former CEO of United Health was compensated $1. (Anchorage Daily News)
Cropp: Prices Rising, Pulled by Butter, Cheese, Whey Oct 30, 2009
However, the September Consumer Price Index showed a slight price increase from August to September for whole milk and cheese. August marked the sixth straight month of growth in the volume of nonfat dry milk/skim milk powder, but exports were still 21 percent down from a year ago. (Minnesota Farm Guide, MN)
Siegel: Greenspan, Bernanke Missed Bubble Oct 30, 2009
Wharton School finance professor Jeremy J. Siegel says that during the last decade home prices rose in the U.S. at an unprecedented and unsustainable level, far faster than personal income or the consumer price index ... 5 gain in the consumer price index, or the tepid 1 percent rise in median household income. (Newsmax)
Japan's jobless rate declines Oct 30, 2009
Japan's core consumer price index fell 2. 3 percent, continuing its steady decline this year. (CNN -- International)
SABMiller's experience prepares it for final frontier Oct 29, 2009
She had to admit she was not sure about the consumer price index level of this particular product but it had, she believed, been suffering from a high inflation rate. "It is still very high.". (Business Report, South Africa)
Public Information Notice: IMF Executive Board Concludes Article IV Consultation with Nigeria Oct 29, 2009
Consumer price index (annual average) ... Consumer price index (end of period). (IMF News)
Annual inflation at 1.51% on Oct 17 Oct 29, 2009
The wholesale price index is more closely watched than the consumer price index, which is published monthly, because it covers a higher number of products and is released weekly. Last week, the Indian cabinet approved the launch of a new monthly inflation data series with 2004 as the base year. (India Times)
W.G. to save big bucks with utility piggyback Oct 29, 2009
After one year, the price will be adjusted according to the Consumer Price Index. PVC and ductile iron pipe prices are market driven, Cochran said, and will therefore be evaluated every three months. (Winter Garden West Orange Times, FL)
Carney Signals Bank of Canada Wants to Control Credit and Inflation Moves Oct 29, 2009
The consumer price index is used as benchmark for wage and pension increases, and it affects bond yields used to price government and mortgage debt. We could be in an environment of somewhat more volatile inflation, which I suppose at the end of the day creates a bit more risk for bondholders over the full cycle, said , deputy chief economist with BMO Capital Markets in Toronto, in a telephone interview. (Bloomberg -- Canada)
Melbourne 'among most affordable cities' Oct 28, 2009
The consumer price index (CPI) shows the annual rate of inflation falling to 1. 3 per cent in the year to September compared to 1. (Sydney Morning Herald -- Business)
Minuteman Senior Services: 'Don't expect COLA payments' Oct 28, 2009
Social Security and Supplemental Security Income (SSI) benefits are adjusted annually to reflect the increase, if any, in the cost of living as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) prepared by the Bureau of Labor Statistics ... According to the Social Security Administration under present law, there will be a COLA for Social Security and SSI benefits provided only when there is an increase in the average of the Consumer Price Index-W from the... (Lexington Minuteman, MA)
Long-term care costs jump 3.3% Oct 28, 2009
While the consumer price index decreased overall during the past year, costs for medical care are 3. 3 percent higher, which parallels our findings on long-term care. (Sacramento Business Journal, CA)
Australia posts lowest inflation in 10 years Oct 28, 2009
The September consumer price index figure was up 1. 3 percent on-year, the smallest increase since 1. (Yahoo! Asia News)
Dollar drops as investors take profit Oct 27, 2009
In Australia, all eyes are on the third-quarter consumer price index numbers due tomorrow. The numbers have assumed significance after recent Reserve Bank of Australia (RBA) commentary turned towards inflation from supporting growth. (Sydney Morning Herald -- Business)
Pakistan willing to be flexible on Kashmir: Shaukat Aziz Oct 27, 2009
Hanoi - Vietnam's consumer price index rose 0. 37 per cent in October from the month before, down from September's 0. (Yahoo News -- Kashmir Dispute)
New rules changing Montana cabin-lease rents Oct 27, 2009
Then, each successive year, the state will apply an annual multiplier to the 2009 adjusted value, based on the average of the Consumer Price Index and a real-estate market index. The adjusted value will increase as much as the two indexes increase (or decrease). (Montana Standard, MT)
Dollar bounces from low on Chinese report Oct 26, 2009
All eyes are on the third-quarter consumer price index (CPI), due on Wednesday. The CPI numbers have become crucial for the monetary policy outlook since the RBA shifted its focus to inflation as its major concern. (Sydney Morning Herald -- Business)
Export prices keep upward pressure on rates Oct 23, 2009
The data feeds into 00004000 the consumer price index (CPI) due next Wednesday, a figure that has become crucial for the monetary policy outlook since the Reserve Bank of Australia (RBA) shifted its focus to inflation as its major concern. "A higher-than-expected core CPI number next week could unnerve RBA officials, but only a substantial surprise would be sufficient to prompt a larger move (in interest rates)," said Helen Kevans, economist at JP Morgan. (Sydney Morning Herald -- Business)
NZ said Thursday annual inflation rate was down to 1.7% Oct 15, 2009
4 percent, accounting for well over half the annual consumer price index increase of 1. 7 percent. (The Star Online, Malaysia -- Business)
Singapore central bank maintains current policy stance Oct 12, 2009
It also said that for the rest of 2009 and into 2010, consumer price index (CPI) inflation will continue to be driven by external factors, especially higher oil and food commodity prices in world markets. CPI inflation is likely to be around 0 percent in 2009, before rising to 1 to 2 percent in 2010. (Xinhuanet, China)
MAS keeps policy stance for Singdollar Oct 12, 2009
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Mandatory Coverage? New Taxes? What Health Care Overhaul Would Mean Oct 8, 2009
Because the premiums -- based on the current proposal -- would be gauged on the consumer price index rather than health insurance costs, which tend to rise faster than the former, more plans could be folded into the "Cadillac" category in the long haul ... "The threshold for defining a high-cost plan is indexed to the consumer price index, whereas we know that health insurance premiums rise at a faster rather than that. It's hard to know.". (ABC News)
The anger industry, at work again Oct 7, 2009
The new law tied increases to the inflation rate, the Consumer Price Index. This year, for the first time since then, the CPI fell. (Albany Times Union)
Recession widens the generation gap Oct 6, 2009
The Consumer Price Index has recorded a rare drop over the past 12 months 1. 5 percent. (MSNBC -- Business)
Cadbury Battles to Fend Off Kraft Sep 30, 2009
"With the consumer price index for food heading towards zero, or negative, we are going to be challenged to get price increases through," he said. "But there are some things we can do and we've been looking at. We think we have scope for modest price rises in 2010.". (BusinessWeek)
Cellphones and petrol take heat out of inflation Sep 23, 2009
Statistics SA said yesterday that the consumer price index (CPI) rose 6. 4 percent year on year last month, in line with economists' forecasts and down from 6. (Business Report, South Africa)
When names turn UGLy Sep 21, 2009
It is fortunate the Bureau of Statistics does not factor executive base remuneration into the consumer price index. A wages breakout of Whitlamesque proportions appears to be sweeping the corporate offices of some listed companies. (Sydney Morning Herald -- Business)
Miss. gas tax hike appears unlikely Sep 20, 2009
In 2008, McBride proposed tying the gasoline tax to the consumer price index but found little support for it. I surmised from that that they wouldnt support an increase in the gasoline tax, he said. (The Clarion-Ledger)
Sungro Enters Into Amendment to Definitive Agreement for Acquisition of Conglomerate Mesa Claims Sep 19, 2009
Closing of the acquisition of the Conglomerate Mesa claims, is subject to the following conditions: payment to the Owners of $200,000 upon closing of the transaction (the "Closing Funds") and a further amount of $150,000 on August 1, 2010, $200,000 on August 1, 2011, and instalments of $250,000 commencing on August 1 of each year thereafter (subject to increase based on positive increases to the consumer price index); issuance to the Owners of 2,500,000 shares of the Company's common stock in... (CCNMatthews Press Releases)
Tame inflation no help for taxpayers in 2010 Sep 19, 2009
The inflation factor is based on the change in the U.S. Consumer Price Index for the 12 months ending in August ... It takes the percentage change in the California Consumer Price index from June of the past year to June of the present year and applies it to the present year. (San Francisco Chronicle -- Business)
CPI makes way for rates Sep 19, 2009
Statistics South Africa announced that the Consumer Price Index (CPI) and Quarterly Employment Statistics (QES) will be released on 22 September at 9am and 8am respectively in order to accommodate the repo decision that afternoon. "The times of the releases has changed. CPI, which is usually released at 11.30am, has changed to an earlier release of 9am. The QES will now be released at 8am. The change in release time is due to monetary policy committee deliberations," said Stats SA.. (iAfrica.com)
A year after Lehman fell Sep 19, 2009
Technically, Malaysia too seems to be experiencing a deflation as indicated by its consumer price index (CPI). The negative CPI for the third consecutive month in August gives the impression that the general price level of goods in the country has fallen, but as we are well aware, this is not the case. (The Star Online, Malaysia -- Business)
Manufacturers post gain in production Sep 18, 2009
Meanwhile, the Consumer Price Index rose just 0. 4 percent in August, after a flat reading in July, the government said. (Honolulu Advertiser)
Canada Annual Inflation Falls More Than Expected; Drops 0.8% on Gasoline Sep 18, 2009
The consumer price index fell 0. 8 percent in August from a year earlier, after Julys 0. (Bloomberg -- Canada)
Recession Drives Down Grocery Prices Sep 18, 2009
Such drops have helped drive down the grocery consumer price index, which measures what shoppers pay at stores, about 2 ... While there was an upward blip in energy prices that drove the wider consumer price index up 0. (CBS News)
Continental says consolidated revenue fell in July Sep 18, 2009
Those examples of which costs are rising or falling come from Wednesday's Labor Department report on the Consumer Price Index, which showed 0. 4 percent overall inflation - mostly on a 9. (Fresno Bee -- Business)
Oregon 2010 minimum wage will not change Sep 18, 2009
48 percent in the Consumer Price Index from August 2008 to August 2009, the minimum wage will hold steady for the first time since Oregon voters enacted Ballot Measure 25 in 2002. Under the circumstances, a steady minimum wage is good for Oregon s businesses and working people, Avakian said. (Portland Business Journal, OR)
Investing for the recovery: Where to place your bets Sep 17, 2009
And, he says, Treasury securities really aren't such a bad deal especially considering that the consumer price index, which measures inflation, has actually fallen 2. 1% the past 12 months. (USA Today -- Money)
Fuel costs push US prices higher Sep 17, 2009
The Consumer Price Index rose 0. 4% last month having been flat in July. (BBC News -- Americas)
* Chu asks CEPD for new cost of living index Sep 17, 2009
Chu, who heads the Cabinets task force on economics, commodity prices and tax reform, said traditional economic indicators, such as GDP and the consumer price index (CPI), fail to reflect public sentiment because items that are not considered daily necessities carry significant weight. Chu cited the latest CPI data as an example, saying it is expected to contract 0. (Taipei Times, Taiwan -- World Business)
Industrial production surges, led by autos Sep 17, 2009
Meanwhile, the Labor Department reported that the so-called "core" Consumer Price Index, which excludes volatile food and energy prices, rose slightly over the 12 months ending in August ... 1 percent in August on a seasonally adjusted basis and accounted for 80 percent of the rise in the consumer price index. (MSNBC -- Business)
Consumer prices rise 0.4 percent in August Sep 17, 2009
The Consumer Price Index rose 0. 4 percent last month after having been flat in July, a touch above market expectations for a 0. (MSNBC -- Business)
US stocks up as industrial production rises Sep 17, 2009
The gains followed the industrial production figures and a Commerce Department report that its Consumer Price Index, a measure of inflation at the retail level, rose 0. 4 percent in August. (The Star Online, Malaysia -- Business)
Gold marches for record high on weak dollar Sep 17, 2009
The Federal Reserve chairman Ben Bernanke's optimistic words on economy continued providing support to gold, especially after the rising consumer price index indicates inflation risk is on the way. The Labor Department reported on Wednesday that the U.S. CPI rose 0. (Xinhuanet, China)
Consumer Price Index up 0.2% in West Sep 17, 2009
Consumer Price Index up 0 ... Consumer Price Index up 0 ... The Consumer Price Index (CPI) in the urban areas of the 13 Western states rose 0. (New Mexico Business Weekly, NM)
Midwest consumer prices rise Sep 17, 2009
Transportation costs, driven by rising fuel prices, increased the Midwest Consumer Price Index for the Midwest in August, according to data the released Wednesday. The Midwest s CPI increased 0. (Wichita Business Journal, KS)
Midwest Consumer Price Index dropped in August Sep 17, 2009
The government s Midwest Consumer Price Index hit 205. 632 in August, meaning a market basket of goods and services that cost $100 in 1982-84 cost $205. (Dayton Business Journal, OH)
US ind. production better-than-expected in August Sep 17, 2009
Meanwhile, the Labor Department reported that the so-called "core" Consumer Price Index, which excludes volatile food and energy prices, rose 1 ... 1 percent in August on a seasonally adjusted basis and accounted for 80 percent of the rise in the consumer price index. (Yahoo News)
Consumer Price Index Rises on Gas, Core Up 0.1% Sep 17, 2009
Consumer Price Index Rises on Gas, Core Up 0 ... Consumer Price Index Rises on Gas, Core Up 0 ... Aug Consumer Price Index. (SmartMoney)
Consumer price index down 2.4% in Aug Sep 17, 2009
Consumer price index down 2 ... Consumer price index down 2 ... KUALA LUMPUR: The consumer price index (CPI) fell for a third straight month in August, declining 2. (The Star Online, Malaysia -- Business)
Wall Street refreshes 2009 highs Sep 17, 2009
The U.S. Labor Department said Wednesday that the Consumer Price Index rose 0. 4 percent in August due to higher gas prices, another sign that the weak economy is keeping inflation in check. (Xinhuanet, China)
Malaysia has stimulus flexibility into 2010 Sep 16, 2009
Analysts polled by Reuters expect Malaysia s consumer price index to have fallen for a third straight month in August. The consumer price data is due out today. (The Star Online, Malaysia -- Business)
Japan's new prime minister can he fix the economy? Sep 16, 2009
7 percent and the core consumer price index dropped at an unprecedented pace of 2. 2 percent, heightening deflation concerns. (Christian Science Monitor -- World)
MAp sells airport stake at steep discount Sep 16, 2009
Prices will remain unchanged for 18 months, and then increase 1 per cent faster per year than the annual increase in the Danish consumer price index for the next four years. mosullivan@smh. (Sydney Morning Herald -- Business)
`Cash-for-Clunkers' Probably Helped Lift U.S. Output, Restraining Prices Sep 16, 2009
That will help depress the departments consumer price index, economists said, limiting the effect of higher fuel costs. The price of regular at the pump climbed 3. (Bloomberg -- US)
Malaysia's CPI dropping at a slower pace Sep 15, 2009
KUALA LUMPUR: Malaysias consumer price index (CPI) likely fell for a third straight month in August but at a slightly slower pace than in July, according to a Reuters poll of 12 economists. August consumer price inflation likely fell 2. (The Star Online, Malaysia -- Business)
Canary in the coal mine Sep 15, 2009
Most analysts, however, simply look at the dubious Consumer Price Index to determine the presence of inflation and inflation expectations. They perennially forget that prices are a lagging indicator and only a symptom of inflation and may in fact not be rising at the moment when inflation kicks into high gear. (Asia Times Online)
Gold a hedge and no more - yet Sep 15, 2009
Divided by the US Consumer Price Index (CPI), the price of gold trades at half its 1979 peak, when the world had cause to believe that America would lose the Cold War. American diplomats still were hostage to the Iranian Revolutionary Guards Corps in Tehran; a rescue operation had failed ignominiously; the overall state of America's military was weaker than at any time since World War II; and the European consensus held that the North Atlantic Treaty Organization would break up. (Asia Times Online)
City Council to reject property tax increase Sep 15, 2009
State law allows cities to increase property taxes every year by 3 percent or by the value of the Consumer Price Index rate of inflation, whichever is less. Rapid City has taken the CPI every year in recent memory. (Rapid City Journal, SD)
Business Briefing Sep 14, 2009
-- Labor Department releases August Consumer Price Index; Commerce Department releases second quarter current account trade deficit; Treasury releases July Treasury International Capital securities and banking data; Federal Reserve releases August industrial production; National Association of Home Builders releases September housing market index. -- First-quarter financial results from Oracle Corp.. (San Francisco Chronicle -- Business)
Treasury 10-Year Notes Post Fifth Weekly Increase Amid Auction Optimism Sep 13, 2009
Inflation as measured by the consumer price index fell 1. 7 percent in August from the year-earlier period, the Labor Department is forecast to report the next day. (Bloomberg -- US)
U.S. Retail Sales Probably Rose Last Month on `Cash for Clunkers' Program Sep 13, 2009
The Labor Departments report on the consumer price index is due Sept. 16. Bloomberg Survey. (Bloomberg -- US)
* EDITORIAL: A Cabinet lacking in vision Sep 13, 2009
During an interview with the Chinese-language United Evening News on Thursday, Wu said that traditional economic measures, such as GDP, the unemployment rate and the consumer price index, to some extent fail to truly reflect how the public feels about the economy. Wu said that government officials should look into alternative measures, such as those mentioned above, because they are easily understood by the public. (Taipei Times, Taiwan -- World Business)
