US – Dec Consumer Price Index
12/01/2019 09:33 am MYT
T +
T -

The headline consumer price index (CPI) in Dec fell 0.1 from the previous month. Excluding the food and energy components, the core CPI increased by 0.2% – see table 1. Year-on-year, the headline CPI and core CPI rose by 1.9% and 2.2% respectively – see figure 1. For the whole of 2018, the inflation rate was 2.4%, up from 2.1% in 2017. Looking ahead, the headline CPI is expected to moderate due to lower oil prices, while the pickup in wage growth should continue to hold up the core CPI.

 

TOP
Note from Publisher
The media, whether in the traditional form or those in the new platform, is the most effective tool to spread information. Businesses use it to sell their products and services while politicians use it to convey their views and shape public opinion. Today, boys and girls and men and women in the streets are bombarded with tonnes of information in all variety every second on their electronic gadgets and they in turn can spread this information, true or fake, throughout the world with just one click. In the name of freedom and respect for human rights, a civilised society is not supposed to block the free flow of information.

Taking advantage of the supposed freedom, unscrupulous persons have exploited the media to spread untruthful information or outright lies to achieve their selfish objectives. Sadly, the majority of people, irrespective of their age or educational background, would believe in most if not all of the information they read on the media and react accordingly. Freedom is not lawlessness nor is it without boundary. True freedom comes with rules and responsibilities.

Fully cognizant of their responsibilities, i Capital and www.icapital.biz, being guided by the 3 i – independence, intelligence, integrity – have and will always provide truthful information and objective advice.
Stock Selections
Corporate News