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Page 11 - புள்ளிவிவரங்கள் புதியது ஜீலாந்து News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dollar Firms As Solid U S Inflation Data Boosts Fed Tightening Prospects

Dollar Firms As Solid U.S. Inflation Data Boosts Fed Tightening Prospects The U.S. dollar appreciated against its major counterparts in the European session on Tuesday, as the nation’s consumer prices rose at the fastest pace in thirteen years in June, backing hopes for an early tapering of the asset purchase program by the Federal Reserve. Data from Labor Department showed that consumer price index jumped by 0.9 percent in June after climbing by 0.6 percent in May. Economists had expected consumer prices to rise by 0.5 percent. Excluding food and energy prices, core consumer prices still jumped by 0.9 percent in June following a 0.7 percent increase in May. Core prices were expected to rise by 0.4 percent.

Veggie prices soar in June, marking highest rise in four years

Veggie prices soar in June, marking highest rise in four years Newshub 6 hrs ago Priscilla Dickinson © Getty Images. The latest Statistics New Zealand Food Price Index shows veggie prices have shot up 15 percent. © Provided by Newshub In what is a timely reminder to shop for in-season produce, last month saw the highest rise for vegetable prices in four years.  The Statistics New Zealand food price index, which measures changes in food prices, shows veggie prices, including tomatoes, cucumbers, lettuce, capsicum and broccoli, shot up 15 percent in June compared to May (8.5 percent with seasonal adjustments).    Overall food prices rose 1.4 percent over the June month - up 2.8 percent on the same time last year.

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