Stock Market News
Prices
US core consumer prices fall
19-02-2010 18:21
Share This Article!
US consumer prices, excluding the effect of volatile items such as energy and foodstuffs, fell in January for the first time since December 1982.
The core consumer prices index showed a 0.1% fall in January against expectations of a 0.1% increase.
The regular consumer prices index (CPI) rose 0.2%, seasonally adjusted, on the back of higher energy prices. Economists had been tipping a rise of 0.3%. Soft pricing conditions in the hotel and airlines businesses as well as lower prices of new cars held the rise of the index in check.
The January CPI was 2.6% higher on January 2008. The core CPI was up 1.6% year on year.
The core consumer prices index showed a 0.1% fall in January against expectations of a 0.1% increase.
The regular consumer prices index (CPI) rose 0.2%, seasonally adjusted, on the back of higher energy prices. Economists had been tipping a rise of 0.3%. Soft pricing conditions in the hotel and airlines businesses as well as lower prices of new cars held the rise of the index in check.
The January CPI was 2.6% higher on January 2008. The core CPI was up 1.6% year on year.
| Related shares |
|---|
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Centrica share price
- Friends Provident price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Amec Share price
- Corac share price
- ROK share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Meldex share price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price