You are here

LATEST US DATA

CPI up 0.1% as inflation stays muted

Thursday, October 23, 2014 - 05:50

BT_20141023_USDATA28_1332234.jpg
Lower fuel bills are helping to boost consumer confidence and purchasing power, which will underpin the US expansion.

Washington

THE cost of living in the US barely rose in September, leaving inflation below the Federal Reserve's goal as fuel prices plunge this month.

The consumer rice index climbed 0.1 per cent after decreasing 0.2 per cent in August, a Labor Department report showed on Wednesday

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom