Category Archives: Inflation

US Inflation Rate Hits 2-Year High; Consumer Prices Climb in October

Annual inflation in the United States ran at the fastest rate in two years as consumer prices in October climbed the most in six months, according to government data released Thursday, November 17.

The monthly cost of living increase marks a third in a row and was led, like in September, by higher shelter and gasoline prices. Continue reading US Inflation Rate Hits 2-Year High; Consumer Prices Climb in October

US Inflation Climbs in August, Annual Inflation Rate Rises to 1.1%

Inflation in the United States rose more than expected during the month of August, according to newly released data in a government report published on Friday, September 16.

Americans were spared increases in food and energy, but they paid more for big ticket items like housing and healthcare, and they spent more to buy clothes and keep insurance. Continue reading US Inflation Climbs in August, Annual Inflation Rate Rises to 1.1%

US Inflation Unchanged in July, Annual Inflation Eases to 0.8%

The overall cost of living in the United States flattened in July, and the rate of annual inflation eased, according to a government report released on Tuesday, Aug. 16.

Falling gasoline prices offset increases in other areas like housing and medical care, while costs of clothing and grocery store items were little changed to flat. Continue reading US Inflation Unchanged in July, Annual Inflation Eases to 0.8%

US Inflation Rises in May, Annual Inflation Rate at 1%

The cost of living in the United States picked up for a third straight month in May, according to a government report released on Thursday, June 16.

Increases in the prices of goods and services were again broad-based, led by energy, although US consumers did catch a bit of a break with declining food prices. In addition, inflation over the longer haul eased compared to a month earlier. Continue reading US Inflation Rises in May, Annual Inflation Rate at 1%

US Inflation in April Climbs at Quickest Rate in 3 Years

US inflation increased in April by the most in over three years as American consumers paid more for a broad range of goods and services to include food, gasoline, housing and healthcare.

The advances also quickened the annual rate of inflation by two percentage points over the previous level, according to government data released on Tuesday, May 17. Continue reading US Inflation in April Climbs at Quickest Rate in 3 Years

US Inflation Climbs in March, Annual Inflation Rate Eases Again

The cost of living in the United States increased in March for the first time in four months, according to a government report released on Thursday, April 14. At the same time, underlying inflation rose less than forecast after rising more than expected in February.

Consumers spent less at grocery and clothing stores but more for healthcare, transportation and shelter. In addition and for the first time since November, drivers paid more to fill up their tanks. Continue reading US Inflation Climbs in March, Annual Inflation Rate Eases Again

US Inflation Falls in February, Annual Inflation Rate Eases

US consumer prices declined in February alongside plunging gasoline but underlying inflation advanced more than expected, a government report released on Wednesday, March 16, shows. Costs climbed for a broad section of goods and services to include big ticket items like shelter and medical care.

Overall in the past 12 months, inflation eased compared to the annual rate of a month earlier yet the pace clocked higher than any other since late 2014. Continue reading US Inflation Falls in February, Annual Inflation Rate Eases

US Inflation Flat in January, Annual Inflation Rate Jumps to 1.4%

The cost of living in the United States was flat in January as cheaper food and gasoline offset bigger housing and medical care bills, according to a government report released on Friday, Feb. 19.

Over the past 12 months, however, US inflation doubled the rate in December and ran at its fastest pace since late 2014. Continue reading US Inflation Flat in January, Annual Inflation Rate Jumps to 1.4%