Tag: Consumer price index
Weekly Economic & Financial Commentary: Exploring the Impact of Inflation – Action Forex
In the United States, the pace of inflation is slowly decreasing. In October, services prices pushed the Consumer Price Index up by 2.6% annually, marking the first acceleration in this measure since Q1. Despite...
China October CPI Data Shows Slight YoY Increase, Deflation Concerns Remain
China's October Consumer Price Index (CPI) data was released, showing a slight year-on-year increase of 0.3%. This is lower than the 0.4% reported in September and below the expectations of economists, who had predicted...
July Inflation Rate Drops to 2.9%, Lowest Since 2021
Inflation in July saw a slight increase, driven primarily by higher housing-related costs, according to a report released by the Labor Department on Wednesday. The consumer price index (CPI), a key measure of prices...
This Week’s Consumer Price Inflation Report: What to Expect and Analyze
Economists are expecting the upcoming July Consumer Price Index (CPI) report to show that annual inflation has stayed steady at 3.0%, while core inflation, which excludes food and energy costs, is predicted to slightly...
Where to Find Affordable Big Macs: The Big Mac Index Explained
McDonald's, known for its iconic Big Mac, has become a global phenomenon since its early days of strict food preparation and cleanliness rules. In the 1960s, McDonald's stood out from other restaurant chains by...
UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers
All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
Where to Find Affordable Big Macs: The Big Mac Index Explained
McDonald's was able to thrive in its early days due to its strict standards for food preparation and cleanliness, as outlined in the book "McDonald's: Behind the Arches" by John Love. This attention to...
Demand for Lower Prices Rises as Politicians and Customers Pressure Companies
Politicians and consumers are putting pressure on companies like Kroger, Walmart, and McDonald's to lower their prices due to rising inflation concerns. The issue of high inflation has become a hot topic in the...