Inflation much higher then expected
U.S. Sept. CPI surges 1.2%, most in 25 years By Rex Nutting
WASHINGTON (MarketWatch) - U.S. consumer inflation surged at the fastest pace in more than 25 years in September, rising a bigger-than-expected 1.2%, the Labor Department said Friday. A record 12% rise in energy prices fueled the historic jump in consumer price index, but core inflation - which excludes food and energy - increased just 0.1%. Consumer inflation has now risen 4.7% in the past 12 months, the highest since 1991. Core inflation is up 2% in the past year, down from 2.1% in August. The report should keep the Federal Reserve on track for more interest rates hikes at coming meetings. Economists were expecting the CPI to rise 0.9% and the core CPI to rise 0.2%.
//// boom ////, page-2
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.74 |
Change
0.050(1.07%) |
Mkt cap ! $3.183B | |||
| Open | High | Low | Value | Volume |
| $4.72 | $4.74 | $4.65 | $10.74M | 2.269M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40553 | $4.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.75 | 19919 | 6 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DOW (ASX) Chart |