Tag: inflation figures

U.K. Shop-Price Inflation Held Steady in December, Report Says
World

U.K. Shop-Price Inflation Held Steady in December, Report Says

Annual U.K. shop-price inflation was unchanged in December, with growth at the lowest rate since June 2022, a report by NielsenIQ and the British Retail Consortium showed Tuesday.Prices at U.K. stores were up 4.3% on year in December, matching November’s rate and below the three-month average rate of 4.6%.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Shale Is Keeping the World Awash With Oil as Conflicts Abound
World

Shale Is Keeping the World Awash With Oil as Conflicts Abound

Updated Jan. 1, 2024 12:05 am ETA surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes. When Iranian-backed Houthi militants began launching missiles and drones at ships crossing the Red Sea near Yemen in October, many feared disruption to the vital shipping lane would drive up energy prices. But oil and gas prices this past month have sunk about 5% and 23%, respectively. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Shale Is Keeping the World Awash With Oil as Conflicts Abound
Money

Shale Is Keeping the World Awash With Oil as Conflicts Abound

Updated Jan. 1, 2024 12:05 am ETA surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes. When Iranian-backed Houthi militants began launching missiles and drones at ships crossing the Red Sea near Yemen in October, many feared disruption to the vital shipping lane would drive up energy prices. But oil and gas prices this past month have sunk about 5% and 23%, respectively. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Five Investors on How to Navigate the Bond Market in 2024
World

Five Investors on How to Navigate the Bond Market in 2024

Updated Dec. 30, 2023 12:10 am ETA resilient U.S. economy and cooling inflation fueled an intense year-end bond rally. Now, some suspect investors are too sanguine about the months ahead.The rally marked the latest in a series of swings that sent the yield on the 10-year U.S. Treasury, which falls when bond prices rise, leaping and diving throughout the past 12 months. Fears of a prolonged stretch of higher interest rates repeatedly drove the yield to decade-plus highs, only for stress on the banking system and a Federal Reserve pivot to drag it down again. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Five Investors on How to Navigate the Bond Market in 2024
Money

Five Investors on How to Navigate the Bond Market in 2024

Updated Dec. 30, 2023 12:10 am ETA resilient U.S. economy and cooling inflation fueled an intense year-end bond rally. Now, some suspect investors are too sanguine about the months ahead.The rally marked the latest in a series of swings that sent the yield on the 10-year U.S. Treasury, which falls when bond prices rise, leaping and diving throughout the past 12 months. Fears of a prolonged stretch of higher interest rates repeatedly drove the yield to decade-plus highs, only for stress on the banking system and a Federal Reserve pivot to drag it down again. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Spanish Inflation Holds Steady in December
World

Spanish Inflation Holds Steady in December

The rate of annual inflation in Spain held steady in December, keeping price rises stable but above the wider eurozone average.The country’s consumer-price index rose by 3.3% on a yearly basis, the same rate as a month earlier, according to figures set out Friday by national statistics agency INE. The rate is harmonized to European Union standards and was in line with the expectations of economists polled by FactSet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Central Bank to Help Boost Consumer Prices Amid Deflation Risks
World

China Central Bank to Help Boost Consumer Prices Amid Deflation Risks

Dec. 29, 2023 1:20 am ET|WSJ ProChina’s central bank has vowed to boost consumer prices as the world’s second-largest economy is battered by tepid demand and weakening confidence.The People’s Bank of China said it would “promote price recovery from low levels and keep prices at reasonable levels,” according to a statement released late Thursday summarizing the central bank’s fourth-quarter monetary policy meeting.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How Can Spending Be Up When People Feel Down?
Money

How Can Spending Be Up When People Feel Down?

Dec. 26, 2023 11:00 pm ETAccording to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started to catch on.Invented by the economist Arthur Okun, the Misery Index is the simple summing of the unemployment rate and the inflation rate. It first rose to prominence in the 1976 presidential election, when Jimmy Carter highlighted its high level in his campaign to unseat President Gerald Ford. This came back to bite him: When President Carter was running for re-election against Ronald Reagan in 1980, the index was even higher.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Where Did All the Money Go? The Villain in Your Transaction History
Money

Where Did All the Money Go? The Villain in Your Transaction History

Listen to article(2 minutes)WSJ’s Personal Finance team presents a series on how to fix your financial life in 2024. First up: taking on lifestyle creep.Anyone trying to figure out why they are scraping by at the end of the year could safely pin part of the blame on inflation. Higher prices have made it easier than ever to miss that other sneaky cause of overspending: lifestyle creep. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Where Did All the Money Go? The Villain in Your Transaction History
World

Where Did All the Money Go? The Villain in Your Transaction History

Listen to article(2 minutes)WSJ’s Personal Finance team presents a series on how to fix your financial life in 2024. First up: taking on lifestyle creep.Anyone trying to figure out why they are scraping by at the end of the year could safely pin part of the blame on inflation. Higher prices have made it easier than ever to miss that other sneaky cause of overspending: lifestyle creep. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8