Asian shares mostly rose Thursday as investors awaited the release of U.S. consumer price index numbers and kept a cautious watch over the war between Israel and the Palestinian militant group Hamas.

Source: https://japantoday.com/category/business/stock-market-today-asian-shares-rise-with-eyes-on-prices-war-in-the-middle-east

But a steady showing, alongside wider signs that inflation has peaked, as measured by the consumer price index (CPI), may give them some reassurance that interest rates at 5% could be near their peak, as well as at a 13-year high.

Source: https://www.standard.co.uk/business/barbenheimer-rescues-uk-economy-growing-growth-gdp-wages-interest-rate-rises-b1106195.html

But Canada's consumer price index report for March, due to be released on Tuesday, could have more sway on the Bank of Canada policy outlook.

Source: https://www.marketscreener.com/news/latest/CANADA-FX-DEBT-Canadian-dollar-slips-pressured-by-Fed-rate-hike-bets--43524409/?utm_medium=RSS&utm_content=20230417

By comparison, Australia's equivalent consumer price index surged by 7.8 per cent in the year to December, the fastest pace since 1990 and well above the RBA's 2 to 3 per cent target.

Source: https://www.dailymail.co.uk/news/article-11892221/Why-latest-rate-hike-means-Australia-America-gripped-banking-crisis.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Economists polled by Reuters expect the consumer price index to have risen by 3.1% in June, after May's 4% increase.

Source: https://gazette.com/news/us-world/stocks-rise-dollar-flat-ahead-of-inflation-data/article_28b673d3-f095-5b1b-8862-25f0ca45d7ba.html

Economists polled by Reuters had expected the consumer price index to rise 3.1% in June, after a 4% increase in May.

Source: https://thenewtoday.gd/stocks-rise-dollar-retreats-ahead-of-inflation-data/

Economists polled had projected an annual rise in the headline consumer price index of 8.2%, following May's hotter-than-expected 8.7% reading, but annualized price rises continue to run well above the Bank of England's 2% target.

Source: https://biztoc.com/x/d79705bee4cc8f47?ref=ff

Figures released on Wednesday showed that consumer price index (CPI) inflation came it at 5 percent year-on-year in March, down from 6 percent in February.

Source: https://business.inquirer.net/395750/dollar-drops-to-two-month-low-on-cooling-u-s-inflation

From a peak of 8.5% or so in the consumer price index, prices have abated only to around 6%.

Source: https://www.counterpunch.org/2023/03/22/banking-crisis-2023-deep-origins-and-future-directions/

In March, the nationwide core consumer price index, excluding volatile fresh food items, climbed 3.1 percent from a year earlier.

Source: https://japantoday.com/category/business/update2-japan-core-consumer-inflation-hits-41-year-high-of-3-in-fy-2022

In this article, we have chosen three important data points from last week to spotlight – February’s consumer price index (CPI), February’s producer price index (PPI), and February’s retail sales.

Source: https://www.etftrends.com/its-the-economy-that-matters-consumer-price-index-and-more/

On a 12-month basis, the consumer price index moved up by 3.2% versus 3% the month prior, according to data from the US Labor Department.

Source: https://qz.com/increasing-us-housing-costs-are-stopping-inflation-from-1850724193

Philstocks Financial Research Manager Japhet Tantiangco said the local market will seek direction from upcoming February consumer price index data.

Source: https://mb.com.ph/2023/03/05/stocks-to-take-cues-from-inflation-labor-data/?utm_source=rss&utm_medium=rss&utm_campaign=stocks-to-take-cues-from-inflation-labor-data

Referring to the protesting employees’ rejection of the 4% DA hike for being “too little”, a senior official of the state administration said, “Till date consumer price index is around 5%.

Source: https://indianexpress.com/article/political-pulse/mamata-faces-blowback-over-4-da-hike-as-govt-staff-oppn-flag-36-gap-9082998/

Ross has previously said 3.3 per cent would be fair, as that number is tied to the consumer price index.

Source: https://www.cbc.ca/news/canada/manitoba/liquor-mart-union-full-strike-1.6930140?cmp=rss

Shillong, August 14: India’s consumer price index (CPI) surged to 7.44% in July, with a significant jump in food prices leading to a staggering 11.51% increase in food inflation.

Source: https://theshillongtimes.com/2023/08/14/sharp-rise-in-indias-july-retail-inflation-driven-by-soaring-food-prices/

Since then, the consumer price index (CPI) has decelerated sharply and rates have gone up 10 times.

Source: https://www.cbc.ca/news/business/armstrong-inflation-housing-cpi-bank-of-canada-1.6907306?cmp=rss

Statistics Canada will release its December consumer price index report Tuesday, which will also inform the central bank’s decision, he added.

Source: https://torontosun.com/business/money-news/more-businesses-expect-sales-to-slip-as-high-inflation-rates-weigh-on-spending-boc

That makes Thursday’s consumer price index report for July critical for showing whether the economy is seeing sustained disinflation and whether markets are correct in believing rates are close to peaking.

Source: https://www.shorenewsnetwork.com/2023/08/07/take-five-stimulus-storms/

The board approved only P40, citing the consumer price index, the 6- percent inflation rate, and the P369 poverty threshold in 2018 as bases for its decision.

Source: https://newsinfo.inquirer.net/1711996/central-luzon-workers-get-p10-addl-wage-hike