Category Archives: Inflation

US Inflation Jumps in January by Most in 4 Years

Inflation in the United States appears to be gaining steam as the cost of living increased in January by the most in nearly four years, the government reported Wednesday, Feb. 15. The annual rate of inflation advanced the most in almost five years.

Increases were broad-based, led by gains in energy with prices at the pump the highest since April 2016. Continue reading US Inflation Jumps in January by Most in 4 Years

US Annual Inflation Sticks by 2-Year High; Consumer Prices Mark Fourth Rise in November

The cost of living in the United States climbed in November for a fourth month in a row, and the annual inflation rate jumped the most in over two years, according to government data released Thursday, December 15.

Once again, increases were mostly spurred by higher gasoline and shelter costs. Transportation, used vehicles, and medical care services also rose after having been unchanged or declining previously. Continue reading US Annual Inflation Sticks by 2-Year High; Consumer Prices Mark Fourth Rise in November

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