The numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary December reading of 59.1 from a November reading of 56.8. Economists polled by the Wall Street Read more
Tag: inflation figures
U.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists polled by The Wall Street Journal has forecast a 0.2% gain. This is the third Read more
U.S. wholesale price inflation picks up in November, but is lower for year
The number: U.S. wholesale prices rose 0.3% in November, the Labor Department said Friday. Economists polled by The Wall Street Journal has forecast a 0.2% gain. This is the third Read more
U.S. stocks open modestly lower, on pace for fifth day of losses as economic growth worries linger
U.S. stock indexes opened lower on Wednesday morning, struggling to recover ground after a four-day losing streak amid worries about the chances of an economic downturn in coming months. How Read more
Italian Economy Expected to Slow Sharply in 2023 as Inflation Takes Toll
By Xavier Fontdegloria Italy’s economy is expected to decelerate sharply in 2023 due to high inflation, slowing international trade flows and a tighter monetary policy, according to forecasts from the Read more
Wages are up, but so are costs. Help us report on how that’s affecting you.
We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to Read more
Eurozone Inflation Eased in November as Energy Price Rises Slowed
By Maria Martinez Inflation in the eurozone eased in November, due to a deceleration in energy price rises. The consumer price index–a measure of what consumers pay for goods and Read more
Fed eyes slower rate hikes as recession threat grows
Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to rise Read more
U.K. inflation hit fresh four-decade high of 11.1% in October
U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that consumer Read more
Wholesale prices rise slowly again and point to softening U.S. inflation
The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in the Read more