USA core consumer prices up 0.3 pct., most in a year

USA core consumer prices up 0.3 pct., most in a year

Such increase in factory outputs would lead to an increase in inflation rate and in return would boost the economy of the nation. Economists polled by Reuters had expected input prices to rise by 4.2 percent. Without apparel, the core reading would have been just 2.4% rather than 3%. The IIP data for November, which was released in January, had registered the industrial production growth to 25-month high of 8.4 per cent. Apparel prices surged 1.7 percent, the biggest increase since February 1990.

A positive news comes as the retail inflation decreases to 5.07% in January from 5.21% in December. Data released by the Central Statistics Office on Monday showed a mild contraction in the country's industrial activity, as measured by the Index of Industrial Production (IIP) even as manufacturing strengthened.

On a monthly basis, the NBS said CPI in January 2018 dropped by 0.24 per cent points from the rate recorded in December (15.37 per cent).

Financial stocks were the only gainers among the 11 major S&P indexes.

Now, with unemployment at historic lows, markets are focusing on inflation.

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Rahimi talked about being targeted for being a Muslim, mentioning he was always picked out in airports by security. Rahimi shared bomb-making instructions and speeches by terrorist leaders like Osama bin Laden and Anwar al-Awlaki.

Interestingly, while Morgan Stanley sees improvement in both inflation and trade deficit numbers in January, it has flagged concern that "moderate risks to macro stability are emerging on account of the wider-than-targeted fiscal deficits". Headline CPI rose by 0.5% and core CPI (minus food and energy) by 0.3%.

The Labor Department report triggered the most severe stock market volatility in years, with some investors reassessing whether equity valuations could handle a steeper rise in interest rates that a pickup in inflation could push the Fed to deliver.

The lion's share of the downward pressure on inflation came from motor fuel prices, according to ONS senior statistician James Tucker.

"I do not expect a rate hike for the next five to six months", said Raghvendra Nath, managing director of Ladderup Wealth Management.

"Indeed Bank of England policymakers said last week they'll try and bring inflation back to target more quickly than previously expected, which means rates could rise faster and further than anticipated".

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Mattis said he could not identify the attackers. "This is self-defense". "It was self-defense", Mattis told reporters. According to the US Central Command, coalition advisers were also present at the site of the attack late on Tuesday.

"Any upside surprise today versus the consensus for a fall in the annual CPI will reinforce expectations of the BoE being more active in hiking rates", wrote MUFG's head of European market research, Derek Halpenny, in a note to clients.

On the same day, we will get the inflation data from Germany, where markets expect the YoY inflation to remain unchanged at 1.6%.

As a result, the Bank of England raised its main interest rate in November 2017 for the first time in a decade.

The percentage change in the average composite CPI for the 12-month period ending January 2018 over the average of the CPI for the corresponding period was 16.22 per cent, or about 0.28 per cent point lower from 16.50 per cent in December 2017.

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Cancer Society New Zealand's Medical Director Chris Jackson says the study will help in the development of drugs. The chemical compound is also found in dairy, beef, poultry, eggs, fish, potatoes, beans, nuts, soy and grains.

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