flux | E + | Getty Images Travelers saw big-ticket prices drop from their holiday budgets in July, providing at least a temporary reprieve after costs spiked earlier this year. Prices for airline tickets fell about 8% from June to July, while prices for rental cars and accommodation such as hotels fell by 9.5% and … Read more
A shopping cart in a supermarket as inflation affects consumer prices in Manhattan, New York City, US, June 10, 2022. Andrew Kelly | Reuters If inflation is the biggest threat to US economic growth, the July data should provide signs of at least some relief in the pipeline. Prices were Apartment for this month It … Read more
flux | E + | Getty Images Travelers saw big-ticket prices drop from their holiday budgets in July, providing at least a temporary reprieve after costs spiked earlier this year. Prices for airline tickets fell about 8% from June to July, while prices for car rentals and accommodation such as hotels fell by 9.5% and … Read more
A shopping cart in a supermarket as inflation affects consumer prices in Manhattan, New York City, US, June 10, 2022. Andrew Kelly | Reuters If inflation is the biggest threat to US economic growth, the July data should provide signs of at least some relief in the pipeline. Prices were Apartment for this month It … Read more
To feel the effects of inflation, just go to the supermarket. Although inflation, in general, I started thinning out last month along with gas pricesFood costs rose 1.1% in July, bringing annual gains to 10.9%, according to the latest release Consumer Price Index Numbers. The Home Food Index, a measure of price changes at the … Read more
A Deliveroo racer near Victoria Station on March 31, 2021 in London, England. Dan Kitwood | Getty Images British food delivery company Deliveroo It swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and the rising cost of living dented demand for online takeaway. Deliveroo reported … Read more
A Deliveroo racer near Victoria Station on March 31, 2021 in London, England. Dan Kitwood | Getty Images British food delivery company Deliveroo It swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and the rising cost of living dented demand for online takeaway. Deliveroo reported … Read more
Customers buy pork at a food market in Shanghai, China. Official data showed that the price of pork, a staple food in China, rose 20.2% in July 2022 compared to last year. Kelay Shane | Bloomberg | Getty Images BEIJING – China’s consumer price index hit a two-year high in July as pork prices rebounded, … Read more
– The market pauses, hesitating, absorbing, awaiting the CPI number on Wednesday right in the border zone between “just a rally doomed by a bear market” and “maybe the beginning of a real base and a permanent advance.” The S&P 500 has been sideways below its early June highs for eight consecutive trading days now, … Read more
People shop at a supermarket as inflation affects consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters Inflation may have finally begun to cool, thanks to lower gasoline prices and fading supply chain issues. Economists expect the CPI for July to rise 0.2%, down from 1.3% in June, according to Dow … Read more