Tag: consumer price index
U.S. inflation and consumer spending cooled in December
WASHINGTON (AP) – The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's...
U.S. inflation slowed sharply to 7.1% over past 12 months
WASHINGTON (AP) – Inflation in the United States slowed again last month in the latest sign that price increases are gradually cooling despite the...
U.S. inflation pressures further intensified in September
WASHINGTON (AP) – Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping...
Inflation eases as consumer prices rise 6.3% in July
WASHINGTON (AP) – Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked.
According to Commerce...
A key U.S. inflation gauge reaches 6.8% as prices keep surging
WASHINGTON (AP) – An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest...
U.S. producer prices soar 10.8% in May as energy costs spike
WASHINGTON (AP) – U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that...
Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in...
Medical industry suppliers warn of ‘med-inflation’
PROVIDENCE – Supply chain woes have hit consumers and businesses, now it’s about to provide some discomfort in the medical industry.
“Med-inflation” is currently on...
Economist: Inflation isn’t going to fade soon
To those grappling with skyrocketing prices, Thomas Tzitzouris has bad news: price hikes aren’t going away anytime soon.
Inflation will continue to be the story...
U.S. consumer prices soared 6.2% in past year, most since 1990
WASHINGTON (AP) – Prices for United States consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and...
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