US and Japan Consumer Prices Rise in August
U.S. consumer prices increased by 0.4% month-on-month in August, matching estimates, while Japanese wholesale prices rose by 7.6%, remaining above 7% for the third consecutive month.
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US consumer prices pick up in August, bolstering chances of interest rate increase
US consumer prices accelerated in August as the cost of petrol rebounded after two straight monthly declines, bolstering financial market expectations that the Federal Reserve could raise interest rates next week. The Consumer Price Index (CPI) increased 0.4 per cent last month after edging up 0.1 per cent in July, the Labour Department’s Bureau of Labour Statistics said on Friday. In the 12 months through August, consumer inflation advanced 3.4 per cent after rising by the same margin in...
By Reuters
Read full article →Japan Aug. wholesale prices up 7.6%, remain above 7% for 3rd month in row
TOKYO (Kyodo) -- Japan's wholesale prices in August rose 7.6 percent from a year earlier, remaining above 7 percent for the third consecutive month am
Read full article →U.S. consumer prices rise by 0.4% month-on-month in August, matching estimates
By Investing.com
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