11, which showed inflation slowing in August to an annual pace of 2.5 percent, a decline from 2.9 percent the prior month. Core inflation, which removes the volatile energy and food categories ...
WASHINGTON, Sept 27 (Reuters) - U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the third ...
Wall Street pushed higher on Friday, following in the steps of the FTSE 100 (^FTSE) and European stocks as a key measure of US inflation fell slightly more than expected. It comes as a sign that the ...
On July 31st, the Executive Board of the International Monetary Fund concluded the consideration of the Article IV Consultations of Saudi Arabia. Under Article IV of its Articles of Agreement, the IMF ...
Business investment was also solid: It increased at a vigorous 8.3% annual pace last quarter, led by a 9.8% rise in investment in equipment. The third and final GDP estimate for the April-June quarter ...
The central bank’s favored inflation gauge — the personal consumption expenditures index, or PCE — rose at a 2.5% annual rate last quarter, down from 3.4% in the first quarter of the year.
THE Department of Finance (DOF) is projecting a full-year inflation rate of a 3.4 percent by the end of 2024. Finance Secretary Ralph Recto, in a media briefing in Malacañang on Tuesday, September 24, ...
we can also do half a percent,” he said in mixed English and Filipino. BSP Governor Eli M. Remolona, Jr. earlier said that they could cut by another 25 bps in the fourth quarter. Easing inflation had ...
They expect the core measure of PCE, which excludes volatile food and energy prices, to rise 0.2% on a monthly basis and 2.7% on an annual basis. For the annual rates of inflation, the August ...
Except for transport, which delivered an entirely predictable drag on the headline, the much lower inflation figure looks as if it is mainly the result of the smaller contribution than normal from ...
The annual rate of headline inflation fell to 2.7 per cent in August, down from 3.5 per cent in July. The Australian share market closed lower after Wall Street hit new record highs overnight.
MANILA, Philippines — The country’s forecast headline inflation for September may further decrease to 2.5 percent, continuing its downward trend, Finance Secretary Ralph Recto said in a Palace ...