Tuesday, 16 January 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
CPI rises 0.1% in December mostly on higher housing costs
Friday, 12 January 2018 20:57 WIB | UNITED STATES |ECONOMICIndeks harga konsumen ASEkonomi ASCPI Amerika

The consumer price index rose 0.1% in December, with four-fifths of the increase tied to the highest cost of housing. The increase matched the MarketWatch forecast.

If gas and food are stripped out, the so-called core rate of inflation rose a much sharper 0.3%, a notch above the MarketWatch forecast and the highest reading in almost a year.

The 12-month rate of inflation as measured by the CPI slipped to 2.1% from 2.2%.

The more closely followed core rate edged up 1.8% from 1.7%, but it™s been stuck in that range for eight months in a row.

The increase in the cost of living last month was tied largely to increasing rents and home prices.

Also contributing: Higher prices for prescription drugs, new cars and trucks and motor vehicle insurance.

Food prices rose 0.2%, but that increase was more than offset by a 1.2% drop in energy prices.

Adjusted for inflation, hourly wages rose 0.2% to mark the first increase since July. Over the past year œreal wages have only risen 0.4%, however.

Source: Marketwatch

RELATED NEWS
U.S. retail sales rise 0.4% in December...
Friday, 12 January 2018 20:46 WIB

Penjualan dari peritel AS menguat 0,4% pada bulan Desember untuk membukukan kenaikan keempat secara berturut-turut. Kenaikan tersebut berada sedikit di bawah perkiraan MarketWatch sebesar 0,5%, namun...

Jobless claims hit nearly 4-month high...
Thursday, 11 January 2018 21:12 WIB

Klaim pengangguran awal AS naik 11.000 ke level tertinggi dalam hampir empat bulan di 261.000 dalam tujuh hari yang berakhir pada 6 Januari. Itu adalah level tertinggi sejak pertengahan September dan ...

U.S. Wholesale Prices Unexpectedly Show First Drop Since 2016...
Thursday, 11 January 2018 20:56 WIB

Harga grosir AS turun pada bulan Desember untuk pertama kalinya dalam lebih dari satu tahun menyusul penurunan biaya untuk layanan yang mana menjadi tanda potensial bahwa tekanan inflasi dalam ekonomi...

Jobless claims fall 11,000 to ultra-low 225,000...
Thursday, 14 December 2017 21:14 WIB

Klaim pengangguran awal AS, alat untuk mengukur PHK, turun 11.000 menjadi 225.000 dalam tujuh hari yang berakhir pada tanggal 9 Desember. Itu berada sejengkal di atas tingkat rendah pasca resesi. Eko...

U.S. Retail Sales Jumped in November in Broad-Based Advance...
Thursday, 14 December 2017 20:52 WIB

Penjualan ritel AS naik melebihi perkiraan bulan lalu dalam tanda kenaikan yang luas seiring musim belanja liburan berlangsung, menurut data Departemen Perdagangan yang dirilis pada hari Kamis. Secar...

POPULAR NEWS
Gold Could Test The 'Ultimate Target For Bulls' This Week - MKS

As gold prices continue to make their way higher...

Dollar Kicks Off The Week With More Losses

The dollar™s weakening trend continued on...

Gold Rallies to Four-Month High as Dollar Extends Drop

Gold advances to highest in four months...

LATEST NEWS
GBP/USD Refreshes Session Lows Post-UK CPI

The GBP/USD pair retreated farther from post-Brexit highs and refreshed session lows following the release of UK inflation figures. Currently trading around the 1.3770-65 region, the pair met with some supply after the UK consumer inflation, as...

Gold Retreats from Four-Month High as Dollar Rises

Gold retreated from a four-month high as the dollar regained its footing and stocks in Europe maintained a bullish tone. Bullion for immediate delivery -0.4% at $1,334.60/oz. Metal climbed to $1,344.81 on Monday, highest since Sept. 8. Bloomberg...

U.K. Inflation Rate Slips to 3%, First Decline in Six Months

U.K. inflation eased for the first time in six months in December, thanks to the cost of air fares as well as games and toys. The decline took the rate to 3 percent from 3.1 percent in November, which was the fastest in more than five years. A...