Inflation


Fed Chair Signals Gradual Rate Hikes

Federal Reserve Chairman Jerome Powell said that the Fed will likely keep raising short-term interest rates at a gradual pace, partly because there are few signs, so far, that the…

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Gas Prices Jump Overnight Thursday

Following trends worldwide, gasoline prices in Israel jumped overnight Thursday. The price of the most popular gasoline blend, 95 octane, rose 14 agurot when the clock struck midnight Thursday night,…

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Wholesale Prices Post Modest Increase in June

Inflation at the wholesale level remained muted in June. The Labor Department says its producer price index, which measures prices before they reach consumers, rose 0.1 percent last month after…

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Wholesale Prices Jumped in April

Inflation at the wholesale level jumped in April by the largest amount in three months, fueled by rising prices of food and energy. The Labor Department said Thursday that its…

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Eurozone Inflation Spikes to Highest in Over 3 Years

Official figures show that inflation across the 19-country eurozone spiked in December to its highest rate in more than three years, largely on the back of rising energy costs. Eurostat,…

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Inflation Nudges Up Slightly in April

For the first time in five months, Israel’s inflation rate went up in April. Prices not including housing were up 0.6 percent, and even without energy costs, prices were 0.3…

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