Monday, 22 January, 2018

Inflation at 17-month high, rises to 5.21 pc in Dec, 2017

One year inflation What this means for TIPS and I Bonds
Laurie Berry | 12 January, 2018, 17:03

Last month, RBI had left policy rates unchanged fearing a rise in inflation.

Core inflation, while not the Federal Reserve's preferred inflation measure is still well below the central bank's target of 2%.

Consumer inflation slowed in December to a tiny 0.1 percent gain as the cost of energy products tumbled following a big jump in November. The rising crude oil prices can further push the fuel inflation.

Avery Shenfeld, senior economist at CIBC World Markets, said that the US dollar could see some momentum Friday following CPI data.

Despite a cut in taxes, retail petrol prices have risen 5.6 per cent and diesel by 9 per cent since June in Delhi.

Food prices climbed 4.96% from a year earlier, accelerating from a 4.35% rise in November while housing prices rose 8.25%, quicker than November's 7.36% increase.

"The 0.3% m/m gain in core consumer prices in December will reinforce expectations of a Fed rate hike in March and supports our view that the Fed will ultimately increase interest rates by a more aggressive 100bp cumulatively this year", said Paul Ashworth, chief USA economist at Capital Economics.

Guardians of the Galaxy 3 Should Bring Kitty Pryde to the MCU
The only film unaffected by the jiggling is X-Men: Dark Phoenix , that's still on track for a release at the end of the year. Stay tuned for more information on New Mutants and all thing horror at Horror News Network.

Prices of medical care rose 0.3%, as the index for prescription drugs advanced 1%. That lowered the year-on-year increase in the CPI to 2.1% from 2.2% in November.

But clothing prices fell for the fourth consecutive month, and airline fares fell 0.5% after a 2.4% drop in November.

Meanwhile, the report said core consumer prices, which exclude food and energy prices, increased by 0.3% in December after ticking up by 0.1% in November.

On Thursday, the Labor Department released a separate report unexpectedly showing a modest decrease in producer prices in the month of December. Retail sales rose 5.4% from a year ago.

Excluding food and energy prices, core producer prices still dipped by 0.1% in December following a 0.3% increase in November.

The economy grew at a 3.2% pace during that period.

Recommended

  • Chris Paul, James Harden among leaders in latest All-Star voting returns

    Chris Paul, James Harden among leaders in latest All-Star voting returns

    Philadelphia's Joel Embiid is the third-leading vote-getter in the East frontcourt category with 784,287. Paul George and Carmelo Anthony, meanwhile, are fifth and seventh among the West's frontcourt players.
    PUBG Has Now Surpassed 3 Million Players on Xbox One

    PUBG Has Now Surpassed 3 Million Players on Xbox One

    The game developers are planning to bring the game to all platforms, which meant that it will be coming to the PlayStation 4 . Microsoft announced yesterday that PlayerUnknown's Battlegrounds has now hit another milestone on Xbox One .
    Dozens of firefighters tackle blaze at Nottingham railway station

    Dozens of firefighters tackle blaze at Nottingham railway station

    The fire service tweeted: "The incident at #NottinghamTrainStation is now a large incident with eight appliances in attendance". The blaze, which started just before the morning rush hour, has caused disruption across the local transport networks.
  • Everton and Southampton want Walcott

    Everton and Southampton want Walcott

    You never get excited until someone has signed on the dotted line", he said. He's scored 100 goals from Arsenal from wide positions as well as assists.
    Kyrie Irving Likes Instagram Video Of Furious LeBron James Ripping Into Cavs

    Kyrie Irving Likes Instagram Video Of Furious LeBron James Ripping Into Cavs

    But it could be a cause for concern for Cavaliers fans who are growing impatient with the way the team is playing right now. He missed Tuesday's loss to the Miami Heat , and he is listed as doubtful for tonight's game against Cleveland .
    Democracy in India is at stake: SC judges

    Democracy in India is at stake: SC judges

    He said Chief Justice Dipak Misra was selective in assigning politically sensitive cases. Justice Gogoi said they were "discharging debt to the nation that has got us here".
  • Fabio Capello on Conte-Mourinho feud: They're out of their minds

    Fabio Capello on Conte-Mourinho feud: They're out of their minds

    Max Allegri of Juventus and Luis Enrique , who quit as Barcelona boss a year ago , are the leading contenders to replace him. This season Chelsea stand no realistic chance of defending their crown, but could win at least one cup competition.
    Scientists Have Discovered Massive Ice Sheets on Mars

    Scientists Have Discovered Massive Ice Sheets on Mars

    Images of the erosional scarps reveal geologic features of the ice, such as banded patterns and color variations due to layering. Furthermore, some of these massive ice deposits were found to be more than 330 feet (100 meters) thick.
    NC loses Toyota-Mazda auto plant to Alabama

    NC loses Toyota-Mazda auto plant to Alabama

    US sales of small cars fell almost 10 percent a year ago as buyers continued a massive shift toward SUVs and pickup trucks. The factory is expected to create 4,000 new jobs, which President Donald Trump praised during his November trip to Tokyo.
  • Hazard 'agrees' summer transfer to Real Madrid

    Hazard 'agrees' summer transfer to Real Madrid

    Reports Hazard had rejected a new contract from the Blues began to circulate last month, with Madrid reportedly ready to pounce. This was so that, if necessary, he could follow the interest of Real, whom he could see himself playing for.
    Police Officer Shot Near Charlotte-Mecklenburg Police Department

    Police Officer Shot Near Charlotte-Mecklenburg Police Department

    At about 3:50 p.m., police said that Bennett was the only suspect and that detectives believe he took their 3-month-old baby. Suspect is in custody". "I need additional units around the L.E.C., establish a perimeter", one officer said to dispatch.
    Fan of the NBA? You can watch tonight's London game for free

    Fan of the NBA? You can watch tonight's London game for free

    Boston's Kyrie Irving shoots the ball against Philadelphia's Richaun Holmes during the second quarter at The O2 Arena . Cheered on by shouts of "MVP" from the crowd, Boston point guard Kyrie Irving was one of the stars of the show.

Retail Box leaks the specs of Samsung Galaxy S9 and S9 Plus Retail Box leaks the specs of Samsung Galaxy S9 and S9 Plus Of all the things, Samsung had to upgrade the camera since it has been using the same setup for two years in a row now. That's way, way overdue, since most high-end Android phone started including dual speakers over four years ago.

Young Sutherland Springs shooting survivor going home Young Sutherland Springs shooting survivor going home Ryland Ward , now 6, who was shot in the Sutherland Springs church massacre, will leave the hospital on a fire truck Thursday.

GM just introduced a self-driving vehicle without a steering wheel GM just introduced a self-driving vehicle  without a steering wheel For the past several years, automakers and tech companies have been testing self-driving cars on the roads of California. GM sees the announcement Friday as a significant step toward the widespread adoption of self-driving vehicle technology.

FCA To Invest $1B Into Warren Plant, Create 2500 Jobs FCA To Invest $1B Into Warren Plant, Create 2500 Jobs The company's US -listed shares have surged 31 per cent already this year after nearly doubling in 2017. In all, FCA says its investment in heavy duty truck production will produce 2500 more jobs in the U.S.

Jacksonville Jaguars: Blueprint for victory vs Jacksonville Jaguars: Blueprint for victory vs If he can be effective, it will be a big boost for a Steelers offense that relies heavily on their All-Pro receiver. Pittsburgh had a lead late at home , and had a chance to win the game at the end of the game against the Patriots.

All the Nintendo Direct Mini news and announcements All the Nintendo Direct Mini news and announcements Payday 2 will release in Europe and Australia on February 23rd, and in North America and South America on February 27th. In Find It mode, players have the same amount of time to locate balloons hidden by other players from around the world.

CND urges government to condemn Trump's nuclear weapons policy CND urges government to condemn Trump's nuclear weapons policy Their report warned: "The potential impacts of a cyberattack on nuclear weapons systems are enormous". This could "hijack decision-making with potentially devastating consequences ", it found.

Uber has used tool to evade police during foreign raids Uber has used tool to evade police during foreign raids Bloomberg reported Thursday that Uber used the tool, known as Ripley, from spring 2015 until late 2016 in several cities. Uber said in a statement that, like all companies, it has various security procedures in place to protect its data.

Ford recalling 190 Ranger pickups in Canada Ford recalling 190 Ranger pickups in Canada Each of the deaths came as the result of inflators manufactured on the same day and installed in 2006 Ranger pickups, Ford said. The latest recalls cover frontal air bags in certain 2009, 2010 and 2013 vehicles made, Jaguar-Land Rover, Mercedes-Benz, and.

Premium Apple Reseller announces battery replacement process Premium Apple Reseller announces battery replacement process As the name suggests, Flipkart is offering discounts and cashbacks on a range of Apple products including the latest iPhone X . Customers can avail Rs 8,000 Cashback on the Device through and up to Rs 18,000 on Exchange Offers of Flipkart Apple Sale 2018.

How Much Are Super Bowl Tickets? How Much Are Super Bowl Tickets? They will also be looking for revenge from past year because they should have won the 2017 Super Bowl. So why not cheer for Atlanta and maybe they get back to the Super Bowl and make good on a year ago ?

Myanmar Military Admits to Killing 10 Rohingya Found in Mass Grave Myanmar Military Admits to Killing 10 Rohingya Found in Mass Grave The U.N. and USA have described the military operation as "ethnic cleansing" of the Muslim minority, but have not released specific death tolls.

Pakistani protesters demand action after rape, murder of 7-year-old girl Pakistani protesters demand action after rape, murder of 7-year-old girl The child, named as Zainab, is the eighth minor to have been raped and murdered in Kasur in the past 12 months, police have said. He also announced Rs 3 million each as compensation for the legal heirs of the two protesters killed in police firing.

Oprah Winfrey Fights For Women's Rights In Powerful Golden Globes Speech Oprah Winfrey Fights For Women's Rights In Powerful Golden Globes Speech King suggested, however, that the actress was "intrigued" by the idea of running. A theme I hope follows into this new year.

Trump expected to extend waiver on Iran sanctions Trump expected to extend waiver on Iran sanctions Dianne Feinstein, D-Calif., warned that reimposing sanctions would undercut the protesters' aims. "Human rights violations. European countries are banking on the deal, as many began investing in Iran after the sanctions were lifted.