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The increase in inflation was offset by the decrease in shelter inflation and the slower rise in new vehicle prices.
On a month-on-month basis, inflation rose by 0.2%, which is softer than the projected increase of 0.3%. This means that while prices still increased in February, they did so at a slower pace than ...
US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those from tariffs — packed a bigger punch.
US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.
The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising ...
With the CPI and PPI data in hand, economists' estimates for the increase in the core PCE price index in January ranged from 0.2% to 0.3%. That was lower than the 0.4% gain most had forecast after ...
Consumer prices rose 1.5% in June compared to June 2024 for the Bay Area — rising slightly since April, which had a +1.3% ...
Food prices have risen a bit faster than overall inflation lately, putting pressure on consumers. Three midyear supermarket ...
Inflation hit a 41-year high in March, but several signs hint that the US could be past the peak. Certain inflation measures showed underlying inflation trends cooling through early 2022.
A number of trends suggest that inflation will keep slowing. Those signs include a drop in oil prices to roughly $67 a barrel early Wednesday, down from a high of $80 last month.
US inflation rose 3.4% in December, a larger-than-expected increase that could delay the prospect of three interest rate cuts the Federal Reserve plans for this year. December’s Consumer Pric… ...