The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

US-inflation-indicator-economy-CPI WRAP-update

Contributed by NAMPA / AFP.

US consumer prices jump 0.5% in January
By Douglas Gillison
ATTENTION - UPDATES with Wall Street close ///
Washington, Feb 14, 2018 (AFP) - US consumer inflation jumped sharply in the first month of 2018, the government reported Wednesday, spooking global stock markets amid concerns that interest rates will rise more aggressively this year.
The consumer price index (CPI), which tracks the costs of household goods and services, rose 0.5 percent last month, exceeding analyst expectatio ...