Saturday, 23 March, 2019

US consumer prices rose 0.2 percent in February

The report from the Labour Department today also showed benign underlying inflation last month. — Reuters pic Retail inflation climbs to 2.57%, factory output decelerates to 1.7%
Orlando Vargas | 14 March, 2019, 16:37

As per an official statement Consumer inflation for January was revised downwards to 1.97 per cent, also its lowest level in 19 months, from 2.05 per cent.

While the consumer price inflation rate has been ruling well below the Reserve Bank of India's medium-term inflation target for some months now, the spurt in inflation rate opens up the possibility of the RBI scrutiny before its next monetary policy meeting.

Driven by higher food prices, the retail inflation rose to four-month high of 2.57 per cent in February, according to latest report on the inflation rate.

Analysts, on an average, expect CPI inflation to be about 2.37 percent in February as compared to 2.05 percent in January. Core inflation, has been at or above 2% for a year now.

Energy prices rose 0.4 per cent, the first increase in four months, as gasoline prices advanced 1.5 per cent. Food costs gained 0.4 per cent, the biggest increase since 2014. Owners-equivalent rent, one of the categories created to track rental prices, rose 0.3 percent, as did rent of primary residence.

F1: 2019 Australian Grand Prix Preview
After all, they have yet to be beaten to a world championship in the five-year history of Formula 1's hybrid era. They actually looked like they had the better vehicle . "We have a really strong partnership with Formula 1 ".


Health officials link measles outbreak to lack of vaccinations
To combat the outbreak, around 3000 and a further 18000 doses of measles vaccine have been sent to Canterbury this week. I hate reading an article about a kid dying from measles all because that child did not have his or her vaccinations.


Matt Whitaker raised concerns that prosecutors overreached with Michael Cohen while AG
News reports said Trump did lash out at Whitaker, but Whitaker said in the hearing that he did not. Nadler also said Whitaker told the lawmakers that he was involved in conversations about U.S.


Additionally, among the six use-based classification groups, the output of primary goods, which has the highest weightage of 34.04, rose by just 1.4 per cent. But still, 2.57 percent far lesser than the 5.07 per cent recorded in the same month a year ago. The CPI increased 1.6 percent on a year-on-year basis in January. The CPI had been unchanged for three straight months.

Expenses for medical care fell 0.2 per cent, the biggest decline since 2013; these readings often vary from results for this category within the Fed's preferred measure of inflation due to different methodologies.

In a wide-ranging interview with CBS's 60 Minutes television news programme, Fed chair Jerome Powell on Sunday reiterated the central bank's wait-and-see approach to further monetary policy tightening in 2019. Food consumed at home rose 0.4 per cent last month, boosted by more expensive dairy products, fresh vegetables, cereals and meat. A decline in core goods prices (-0.2% m/m) was the culprit behind the softness in core inflation. Inflation expectations held by the public one year and three years from now fell, both to readings of 2.8% from 3% in January, the bank said Monday.

Prices for new motor vehicles, used cars and trucks, as well as recreation fell. This article is strictly for informational purposes only.

Recommended

  • Firefox Launches 'Send,' a Free, Encrypted File Transfer Service

    Firefox Launches 'Send,' a Free, Encrypted File Transfer Service

    Firefox Send allows users to share files from any browser, using end-to-end encryption to secure the data. The service works just like any other file sharing service available online.
    We Know Verizon’s First 5G Cities and First Plan Pricing

    We Know Verizon’s First 5G Cities and First Plan Pricing

    Motorola's 5G add-on costs $350 (about £265, AU$495), as much as the the Moto Z3 itself at some online retailers . The offer is available only on unlimited plans, which now start at $75 for one person without 5G.
    Jennifer Lopez Flaunts Engagement Ring on Her Way to the Gym

    Jennifer Lopez Flaunts Engagement Ring on Her Way to the Gym

    Her longest lasting marriage was to her third husband Marc, who gave her an 8.5 carat blue diamond ring from Harry Winston. Neither A-Rod nor J.Lo have publicly responded to the allegations , but it appears they're both very much unbothered.
  • Brexit hangs in balance as parliament to vote on May's tweaked deal

    Brexit hangs in balance as parliament to vote on May's tweaked deal

    Sterling rose on news of the deal but then gave up its gains by mid-morning and was trading $1.3163 at 1040 GMT. Brexit-supporting MPs in May's party had accused her of botching the negotiations with Brussels .

    Brazil School Shooting Leaves At Least 10 Dead

    Salles said the gunmen used at least one.38 caliber pistol and speed loaders, along with a crossbow and a compound bow and arrow. The attack comes after Brazilian President Jair Bolsonaro announced that the country's gun ownership controls would be eased.
    Android Q beta divided into six stages, final release in Q3

    Android Q beta divided into six stages, final release in Q3

    Users will have more control over app access to location info, shared files and repositories like Photos and Videos. With it, developers can publish share targets that launch a specific activity in their app with content attached.
  • Avengers: Endgame co-director to visit India

    Avengers: Endgame co-director to visit India

    And, amidst all this excitement, the makers on Tuesday announced Joe Russo's (one-half of the Russo brothers ) visit to India. The " Avengers " may be disassembling soon but Tom Holland and the Russo brothers will still be on the same team.
    Aaron Hernandez Murder Conviction Reinstated

    Aaron Hernandez Murder Conviction Reinstated

    Under the new order, if a defendant passes before their appeal, the conviction stands without any affirmation or nullification. Attorney John Thompson, who represented Hernandez in the Lloyd case, said he was disappointed with the decision.
    Greg Sargent: What Pelosi got wrong, and got right, on impeachment

    Greg Sargent: What Pelosi got wrong, and got right, on impeachment

    And while it's highly unlikely the GOP-run Senate would vote to convict Trump, that is also not a reason to hold back, Green says. I'm going to give you some news right now because I haven't said this to any press person before", the House Speaker said.
  • Zampa puts India in a spin as Australia seal stunning series win

    Zampa puts India in a spin as Australia seal stunning series win

    But it was yesterday when Major General Ghafoor brought the house down with his tweet: "Very well played yet again Usman Khawaja". After the first three ODIs, India rested MS Dhoni for the remaining matches - a decision disapproved by many fans.
    Missing Catherine Shaw: Guatemala death 'a tragic accident'

    Missing Catherine Shaw: Guatemala death 'a tragic accident'

    In a statement, they said: "She has always been really good about keeping in touch and informing us of her whereabouts". British backpacker Catherine Shaw was found dead in Guatemala almost one week after her disappearance.
    What they're saying about the Odell Beckham Jr

    What they're saying about the Odell Beckham Jr

    New York Giants general manager Dave Gettleman is taking heat for trading Odell Beckham Jr.to the Cleveland Browns . Beckham, meanwhile, has caught 390 passes for 5,476 yards and 44 touchdowns in his five seasons (59 games).

Ivanka Trump special treatment a national security RISK claims former prosecutor Ivanka Trump special treatment a national security RISK claims former prosecutor But there is no such evidence of that, and a publication of the 1968 dean's list does not mention Trump's name. Golden recapped the potential quid pro quo ten years later in an article for ProPublica .

Make No Mistake - The Samsung Galaxy Note X Is Coming Make No Mistake - The Samsung Galaxy Note X Is Coming This brings the new interface that's running on the Galaxy S10 and it also carries the new February 2019 Android security update. Samsung is all-in with 5G so there's no chance we won't get a version of the Galaxy Note 10 without 5G.

Spotify: Apple abuses App Store's power to 'stifle' rivals Spotify: Apple abuses App Store's power to 'stifle' rivals Spotify began emailing customers in 2015 that they should cancel subscriptions purchased through Apple's App Store. That is the 30% of monthly subscription fees that Apple takes on subscriptions made through its payment system.

Beto's Running :: Politics :: News :: Beto O'Rourke Beto's Running :: Politics :: News :: Beto O'Rourke In an encouraging sign, however, a third of respondents said they did not know enough about him to have an opinion. The 46-year-old Democrat was the US Senate nominee but narrowly lost to Republican rival Senator Ted Cruz in 2018.

Reported Gambino crime boss shot and killed outside Staten Island home Reported Gambino crime boss shot and killed outside Staten Island home According to the Associated Press, court documents referred to Cali as the underboss of the Gambino crime family. Some of the indictments included murder, drug trafficking, robbery and extortion, according to The Mob Museum .

Ethiopian Airlines plane with 157 people on board crashes minutes after take-off Ethiopian Airlines plane with 157 people on board crashes minutes after take-off According to a statement put out by university, Cedric Asiavugwa had been on his way to Nairobi after his fiancee's mother died. An AFP reporter said there was a massive crater at the crash site, with belongings and airplane parts scattered widely.

Eye test could spot Alzheimer's earlier Eye test could spot Alzheimer's earlier Earlier diagnosis would also give patients and their families time to plan for the future. Results could be helpful in the fight against Alzheimer's disease.

Felicity Huffman's Bond Set at $250,000 in College Admission Scandal Felicity Huffman's Bond Set at $250,000 in College Admission Scandal Actress Lori Loughlin will be allowed to return to Vancouver to complete her contracted work on various Hallmark Channel projects. John Vandemoor, a former Stanford University sailing coach, is also scheduled to plead guilty to racketeering conspiracy charges.

Against Regional Stability, Peace to Not List Masood Azhar as Global Terrorist Against Regional Stability, Peace to Not List Masood Azhar as Global Terrorist This has prevented action by the global community to designate the leader of JeM. The no-objection period deadline ends 3 pm Wednesday (12:30am IST).

Trump wades into Melania ‘body double’ conspiracy theory Trump wades into Melania ‘body double’ conspiracy theory Abby Huntsman, a Republican on the panel, followed up by asking, "Does that make it better?" "We're here to have a good laugh". President Donald Trump has had it with the #fakeMelania conspiracy theories that have been circulating on social media.

One viral tweet saved the day for this struggling donut shop One viral tweet saved the day for this struggling donut shop Twitter even sent over a team of people from its company to buy out the shop for other customers. More than 58,000 people also started following the doughnut shop's Instagram page.

These countries are grounding the Boeing 737 MAX 8 These countries are grounding the Boeing 737 MAX 8 A number of countries, including the United Kingdom , had already barred the Boeing 737 Max 8 from its airspace. The airline will try to pick up the slack with other aircraft, like this Boeing 737-700 seen in Salt Lake City.

Japan says won't submit new UN rights motion against North Korea Japan says won't submit new UN rights motion against North Korea This image, captured on March 6, 2019, shows the Sohae Satellite Launch Facility in Tongchang-ri, North Korea. Japan's government says at least 17 citizens were abducted by North Korea.

US Says It Stands With India in Fighting Terrorism US Says It Stands With India in Fighting Terrorism The two sides discussed the idea of "partnership schools" in order to partner in the field of education. Qureshi made the admission while addressing the Business Leaders Summit in Islamabad .

Lady Gaga shuts down pregnancy rumours with album news Lady Gaga shuts down pregnancy rumours with album news Now that the movie's awards season has wrapped up, it seems Gaga is officially focusing on new music, something her fans were thrilled to hear.