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Tag Archives: Consumer

US core consumer inflation surpasses forecasts with a broad profit

(Bloomberg) – A key measure of US consumer prices in June was more than projected and may hinder the Federal Reserve's assessment of inflation as policymakers are already considering a rate cut this month. The Core The Consumer Price Index, which excludes food and energy, rose 0.3% month on month, the highest since January 2018, and 2.1% year-on-year, according to …

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Alibaba shares will benefit from strong consumer spending in China

Photo of Umberto Text size Despite a weaker economy, Chinese consumers are not reducing their online spending. According to one analyst, this could be a strong second half for ecommerce companies in the world's second largest economy. The background story. The annual 618 Shopping Festival of JD.com (Ticker: JD) finished not too long ago. The event will be held June …

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No sign of a consumer slowdown in the US

PepsiCo CFO Hugh Johnston said Tuesday that the snack and beverage giant still thinks the consumer economy is strong. "In the United States right now, we do not see any sign of a consumer slowdown," he said CNBC's "Squawk on the Street." Consumer spending in April and May rose moderately, according to the Commerce Department. Johnston pointed out that it …

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Inflation tame: consumer prices rise by 0.1% on the smallest increase in 4 months, as the CPI shows

Getty Images Consumer prices rose slightly in May, but overall inflation remains fairly low. The numbers: Falling gasoline and used car prices kept inflation in check in May and inflationary pressure continued to decline. Englisch: www.cosmetic-business.com/en/showar…p?art_id=944 April rose just 0.1%, said the Office of Labor Statistics on Wednesday. MarketWatch Forecast. This was the lowest increase since January. In particular, the …

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Google introduces the first consumer Chromebooks

Google has hosted the Annual Developer Conference I / O for years in early May. As a result, there are often many memorable anniversaries that are geared toward Google to spot this season, and today this is no exception. Eight years ago (May 11, 2011), Google announced the first two commercially available Chromebooks from Acer and Samsung. At the time …

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The US is expected to grant Chinese consumer goods $ 200 billion in tariffs, WH says, but trade talks should resume on Friday

The Trump government rose to $ 200 billion in Chinese goods on Friday with increased tariffs after a round of trade talks between the US and China on Thursday had failed to reach an agreement. "Tonight, Ambassador Lightizer and Secretary Mnuchin met with President Trump to discuss the ongoing trade negotiations with China," White House Deputy Press Secretary Judd Deere …

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Apple reportedly warned of a consumer breach related to the repair of Right to Repair

A new law in California legislation could make it easier for consumers to have their equipment repaired. James Martin / CNET Apple spokesman warned Californian lawmakers not to legislate to help consumers fix their own electronics because consumers might end up injuring themselves, Motherboard said Tuesday. The US Rights Repair Act would do so Manufacturers of electronic equipment must provide …

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Consumer Price Index March 2019

Timothy Fadek | Bloomberg | Getty Images An associate arranges a fan for sale at a Walmart store in Secaucus, New Jersey. Excluding volatile food and energy components, the CPI rose 0.1%, equal to the February gain. In the 12 months to March, the core CPI rose 2.0%, the smallest increase since February 2018. Core CPI rose 2.1% yoy in …

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Consumer Price Index February 2019

US. Consumer prices rebounded for the first time in four months in February, but the pace of the increase was modest and led to the lowest annual profit for nearly 2 1/2 years. The Labor Department announced Tuesday its consumer price index rose 0.2 percent, increased by food, gasoline and rental costs. The CPI remained unchanged for three months. In …

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