Tag: food prices
Sharply higher gas prices pushed up inflation in August, yet underlying...
WASHINGTON (AP) – A spike in gas prices pushed up inflation in August, yet most other costs rose at a more modest pace, evidence...
U.S. inflation has steadily cooled. Getting it down to the Fed’s...
WASHINGTON (AP) – Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of...
U.S. wholesale inflation slowed further in December to 6.2%
WASHINGTON (AP) – Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful...
An inflation gauge tracked by the Fed slows to still-high 6%
WASHINGTON (AP) – A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October,...
A key U.S. inflation gauge stayed at a high 6.2% in...
WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that...
U.S. retail sales were flat in July as inflation takes a...
WASHINGTON (AP) – The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many...
Suffering unequal when food prices skyrocket
THE COST OF EGGS AND BREAD is soaring – a trend that’s particularly punishing for the poorest Americans.
Average food prices climbed at an annualized rate...
Fed raises key rate by a half-point in bid to tame...
WASHINGTON (AP) – The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by...
Key inflation gauge jumped 6.6% in March, most since 1982
WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve jumped 6.6% in March compared with a year ago, the highest 12-month...
U.S. consumers still confident in April, but slightly less so
WASHINGTON (AP) – U.S. consumer confidence dampened slightly in April but remains high even as inflation continues to cloud their optimism about the rest...