Canada, UK inflation
Digest more
UK inflation rises by more than expected
Digest more
Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns about inflation's economic impact.
The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest CPI inflation report.
Governor Kathy Hochul has said New Yorkers will receive inflation rebate checks of up to $400 this fall despite proposed federal budget cuts that reduced aid to the state.
Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention since it will provide the Bank of Canada (BoC) with fresh information on how inflation is changing, which they use to set interest rates.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.