Cpi articles
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Asia shares hit 15-month high as traders wait for CPI
Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated US inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying program. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed slightly and hit its highest since early 2023 […]
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CPI Report: Inflation Fell Slightly, But Rising Home and Gas Prices Are Keeping It Steady
The April CPI report released Wednesday revealed that housing and gas costs are two main causes of inflation. Inflation fell slightly in April to 3.4% from March's 3.5%.
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April CPI inflation eases to 4.83% vs 4.85% in March 2024
April 2024 CPI Inflation: The Consumer Price Index (CPI) inflation for the month of April eased to 4.83%. The rural inflation was reported at 5.43% and urban inflation came in at 4.11%. The CPI inflation for the month of March 2024 stood at 4.85%. RBI's Monetary Policy Committee has a CPI inflation target of 4%, with a range of 2-6%.Commenting on the data DK Srivastava, Chief Policy Advisor, EY India said, “CPI inflation in April 2024 continues the downward trend since December 2023. It is the...