Topic: consumer prices
US inflation data points to more interest rate hikes
US consumer price growth continued to decline marginally on an annual basis in January to 6.4%, down from 6.5% in December 2022.
Consumer prices up 9.2% in the third quarter of 2022
The Cayman Islands consumer price index (CPI) increased by 9.2% in the third quarter of 2022, compared to a year earlier.
Year in Review: $8 lettuce anyone? 2022 was a year of record inflation
If 2022 needs something to be remembered by it may well be the pack of butter that sold for $20, $8 lettuces or petrol prices so high, that many left service stations with their car tanks only half-filled.
US inflation in October lower than expected
US stock markets and government bonds surged Thursday on news that US consumer prices increased by just 7.7% in October.
Inflation is broadening beyond food and energy
While double-digit inflation rates in OECD countries are predominantly caused by the high cost of energy, consumer prices excluding food and energy continued to increase in September.
Consumer spending on life support?
Consumer confidence has taken a hit this year amid the highest inflation in a generation which will likely force consumers to cut back on discretionary purchases and big-ticket items.
Local prices to stay high as US inflation rate exceeds forecast
Consumer prices increases in Cayman are likely to remain elevated in the third quarter after US inflation data was higher than forecast in August.
US inflation again higher than expected at 9.1%
US consumer prices, widely expected to be flattening, have surprised for the second consecutive month with a larger than expected monthly increase of 1.3% in June.
US inflation to impact Cayman’s consumer prices
US consumer prices, a bellwether for prices in Cayman, increased by 7% in December 2021 from a year earlier.
