Latest Consumer prices News

Turkish inflation eases for 1st time in more than a year

Dec. 05, 2022 07:11 AM EST

ANKARA, Turkey (AP) — Annual inflation in Turkey slightly eased in November for the first time in more than a year, according to official figures released on Monday, although it remains close to 24-year highs. Consumer prices for the year rose by 84.39% in November, down from...

Inflation in Europe eases but still in painful double digits

Nov. 30, 2022 07:46 AM EST

FRANKFURT, Germany (AP) — Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs, but the double-digit rate still hovers near a record that has robbed consumers of their spending power and led economists to predict a recession. ...

Consumers could pay price if railroads, unions can't agree

Nov. 21, 2022 18:01 PM EST

OMAHA, Neb. (AP) — Consumers could see higher gas prices and shortages of some of their favorite groceries during the winter holiday season if railroads and all of their unions can't agree on new contracts by an early-December deadline that had already been pushed back. The...

UK inflation accelerates to 41-year high of 11.1%

Nov. 16, 2022 13:18 PM EST

LONDON (AP) — Britain’s inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans Thursday. Consumer prices jumped 11.1% in the 12 months through...

Asian stocks surge after lower US inflation eases rate fears

Nov. 10, 2022 23:00 PM EST

BEIJING (AP) — Asian stock markets surged Friday after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Hong Kong's market benchmark jumped 5.4%. Seoul and Sydney rose almost 3%. Shanghai and Tokyo...

US consumer inflation eased to 7.7% over past 12 months

Nov. 10, 2022 12:43 PM EST

WASHINGTON (AP) — Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows. Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September,...

Inflation strikes disrupt trains, flights in Greece, Belgium

Nov. 09, 2022 11:13 AM EST

ATHENS, Greece (AP) — Workers walked off the job in Greece and Belgium on Wednesday during nationwide strikes against increasing consumer prices, disrupting transportation, forcing flight cancellations and shutting down public services in the latest European protests over the rising cost of...

This Week: Consumer borrowing, Disney earns, consumer prices

Nov. 07, 2022 08:14 AM EST

A look at some of the key business events and economic indicators upcoming this week: JUST CHARGE IT Americans have been ramping up their use of credit this year. U.S. consumer borrowing, excluding mortgages and other loans secured by real estate, jumped...