Showing posts with label because. Show all posts
Showing posts with label because. Show all posts

Consumer prices rise in September because of energy

WASHINGTON — The consumption, energy prices were flat in September for the month of second straight line, a sign that their cost-conscious consumers make it difficult for companies charge.

The Ministry of labour, said Friday that the consumer price index edged by 0.1% in September, after an increase of 0.3% in August.But outside of food and energy, the core consumer prices remained inchangés.Et for 12 months, the cost base increased by 0.8%, the lowest annual gain more than 49 years.

Global consumer prices increased by 1.1% in the last year, the Ministry said.

Under preferred range of the Federal Reserve from 1.5 to 2% and increased among economists that the Central Bank will take additional measures next month expectations to stimulate economic growth.

In a speech Friday, Fed Chairman Ben Bernanke said the Central Bank is willing to buy Treasury bonds but is still struggling with what program should être.Le purpose bond purchases would be low interest rates and encourage more borrowing and spending.

Life 1 billion .the home ' man the richer India has just moved in what is probably one of the pads over on the Earth Life.: you get an increase (really tiny)! Lcol wheels market Starbucks baristas: switch to decaf

Bernanke has also said that the economy is still low, "the risk of deflation is higher than desirable.Deflation is generalized decline in prices, wages and stocks and house values.

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Consumer price index figures show that deflation is not loin.Mais most economists do you expect to occur déflation.Prix food is likely to continue to increase as U.S. crops have come below attentes.Prix food has increased by 0.3 percent last month, more than two years.And modest economic growth should be pure and simple, price decreases some economists said.

For example, retail, sales has increased from 0.6% in September, the Department of commerce, said Friday, the increase for the third straight line.

"With the falling dollar and products breaks out, we do not expect disinflation would continue for very long," John Ryding, Economist, economy RDQ, wrote in a note to clients.

Overall costs of housing, which represent more than 40% of the index fell 0.1% last month.This includes hotel, prices decreased by 0.2%.

Clothing price has fallen by 0.6% in September, the second straight down, falling prices of cars 0.7% and tempered leisure 0.3 per cent.

"Power pricing business remains non-existent in the whole of the economy," said Neil Dutta, an economist at Bank of America Merrill Lynch.

Consumers are retains on expenditures, with high unemployment and the stagnation of the salaires.Qui makes it difficult for retailers to convey any increase in price.

Prices modest increase in average 58 million social security recipients do receive any increase in the cost of living in their benefits next year, the droite.Ce second year will be only the second year without increase because inflation automatic adjustments adopted in 1975.La social security is the American public retirement system.

Food and energy prices have augmenté.Prix gasoline rose by 0.7%, while the cost of meat, cereals and bakery and also displaced dairy products.

Copyright 2010 the Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.


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