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Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent

September's figure marked the lowest inflation level since February 2021 when consumer prices grew 1.4 percent

Inflation fell to 1.1 percent in August from 1.4 percent in May, partly due to a stronger Swiss francÂ

Currency's significant recovery last month impacted the import price index, which rose 2.6 percent after a 10.8 percent surge in July

CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent

This follows a GDP increase of 0.3 percent in both regions during the Q1 2024

The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target

The government noted that consumption is rising as shipping disruptions at some automakers easeÂ

This growth marks a strong rebound from a sluggish 1.4 percent increase in Q1 2024Â

The upside risks to U.S. inflation have diminished while the downside risks to employment have increased

The reading was expected to remain unchanged at 49.1

Central bank officials agreed to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent during the July meeting

Core inflation, excluding food and energy, held steady at 2.9 percent despite overall inflation rising

This growth rate represents the largest increase since the first quarter of 2021

The total number of employed and self-employed individuals rose to 46.1 million

Fed rate cut likely as inflation continues to decline

RBA sees easing wage pressures, but inflation battle persists

The increase, although expected, was slightly smaller than the 2.3 percent rise anticipated by analysts

The corporate goods price index hit a record high of 123.1, marking the eighth straight month of increases

Energy prices fell 1.7 percent YoY, while food prices rose 1.3 percent

The report projected 2.1 percent U.S. economic growth in 2024, down from 2.5 percent in 2023

The eurozone's service sector inflation declined to 4 percent from 4.1 percent in June

The central bank raised its short-term policy rate to levels not seen since 2008, defying market expectations

Germany, Eurozone's biggest economy, unexpectedly contracted 0.1 percent in Q2