Tag: energy prices
IMF expects world economy to grow a sluggish 3% this year,...
WASHINGTON (AP) – The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused...
Producer prices shot up 6%, adding to pressure on companies to...
WASHINGTON (AP) – U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the most since December 2022,...
U.S. consumer prices slowed unexpectedly in November, but still up 2.7%...
WASHINGTON (AP) – U.S. inflation slowed unexpectedly last month, the government said in a report that was delayed and likely distorted by the government...
U.S. inflation worsened last month as the cost of gas, food...
WASHINGTON (AP) – Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes...
U.S. producer prices unchanged with wholesale inflation remaining under control
WASHINGTON (AP) – U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they...
U.S. wholesale prices up a hotter-than-expected 0.4% in December
WASHINGTON (AP) – U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting...
Fed’s preferred inflation gauge cools, adding to likelihood of a September...
WASHINGTON (AP) – The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the...
U.S. wholesale inflation picked up in June
WASHINGTON (AP) – Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
U.S. inflation eased last month in the first slowdown of 2024
WASHINGTON (AP) – Consumer inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials...
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