China’s consumer inflation decelerated in November, in a sign government efforts to support the economy and sentiment haven’t been enough to turn around the weak demand. The consumer price index rose just 0.2% from a year earlier, below expectations of 0.4%. Factory deflation extended into a 26th straight month, though the 2.5% drop in the…
A measure of prices paid to US producers was unchanged in September, restrained by declines in gasoline, suggesting further progress toward tamer inflation. The producer price index for final demand was flat from August after rising 0.2% in the prior month, according to a Bureau of Labor Statistics report out Friday. From a year ago,…
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong. Economists see the personal consumption expenditures price index rising just 0.1% in August for the second time in three months. The inflation gauge…