Tag: consumer price index
Key U.S. inflation measure surges at fastest rate since June
WASHINGTON (AP) – The Federal Reserve's preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures...
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...
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