Category Archives: Inflation

US Inflation Up in March on Food, Rent Costs; Inflation Rate at 1.5%

Inflation in the United States pushed up in March as higher costs in food and shelter offset lower energy prices, newly released Consumer Price Index (CPI) data from the US government shows.

Most Americans are now very familiar with conditions common to this year, having to pay much more at grocery stores while enjoying some reprieve in prices at the pump. The latter condition is likely to change with summer approaching. Continue reading

US Inflation Unchanged in November 2013, Annual Inflation Rate Rises

US inflation was unchanged in November from a month earlier as lower gasoline and natural gas prices offset what American’s had to pay for pricier items like food, shelter and transportation, this according to consumer price data published Tuesday by the government.

Annual inflation did bounce higher from the last reading, though that one went down as the smallest 12-month increase in four years. The bottom line, US inflation remains tame from the standpoint of economists and well under the Fed’s target. Continue reading

US Inflation in October 2013 Retreats, 12-Month Inflation Rate Eases

The American cost of living decreased in October for the first time in six months and the annual inflation rate was the lowest in four years, the US government reported Wednesday in Washington.

Annual inflation eased and consumer prices retreated last month as sharply lower gasoline prices offset higher prices in food, transportation, used vehicles and the cost to rent and own homes Continue reading

US Inflation Up 0.2% in September 2013, Annual Inflation Rate at 1.2%

Inflation ticked a bit higher in September as American consumers paid more for energy related items, like gasoline and electricity, and they spent more for shelter, medical care and new vehicles.

A break from higher food prices did help to contain costs, according to the latest report on consumer prices from the US Labor Department. Overall, food prices stayed about the same last month after having climbed for three straight months. Continue reading