Category Archives: Inflation

US Inflation in August Dips, Annual Inflation Rate at 1.7%

The cost of living in United States unexpectedly fell in August for the first time in 16 months, and the annual inflation rate retreated to the lowest level in five months, the US Labor Department reported Wednesday, Sept. 17, in Washington.

Food prices continue to pressure Americans’ paychecks, but they eased some from the prior month and gains for grocery store items were offset by declines in gasoline, fuel oil, clothing, used cars and trucks, and transportation. Continue reading

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 Annual Inflation in 2013 Increases 1.5%

The cost of living in the United States jumped the most in six months in December as prices at the pump picked up, though annual inflation in 2013 climbed by the smallest amount in three years, data released by the US Labor Department shows.

US inflation accelerated 1.5% in 2013, marking the lowest reading for a calendar year since 2010’s matching 1.5% increase. In between the two years 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