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
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 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
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%
US consumer prices dipped in December, according to a government report released on Wednesday, Jan. 20, 2016. Inflation for all of 2015 was the second weakest for a calendar year in more than five decades.
Declines for the month were mostly the result of cheaper food and gasoline. The price for food at home fell in 2015 for only the third time in the past 50 years. Continue reading US Inflation in 2015 Advances 0.7%
The cost of living in the United States was unchanged in November as cheaper gasoline and food kept overall consumer prices in check, according to a government report released on Tuesday, December 15.
Still, the broader trend of underlying inflation showed signs of firming with steady gains in the cost of rents, medical care, and transportation fares. Continue reading US Inflation in November Unchanged, Annual Inflation Rate at 0.5%
US inflation advanced in October for the first time in three months, according to a government report released Tuesday, Nov. 17, 2015.
The cost of living in the United States climbed as American consumers paid more for food, energy, healthcare and housing. Overall gains were restrained as pricing increases were mostly modest and because costs declined for other items like clothing and vehicles. Continue reading US Inflation in October Climbs, Annual Inflation Rate at 0.2%
US inflation fell for a second straight month in September as American consumers once again paid more for food but a lot less for gas. Overall costs of goods and services fell by the most in eight months, driving the annual inflation rate to zero, according to a government report released Thursday, Oct. 15, 2015. Continue reading US Inflation in September Falls; Annual Inflation Rate Flat
The cost of living in August declined for the first time in seven months, pulled lower mostly by cheaper gasoline, according to government report released Wednesday, September 16.
US inflation over the past year, however, remained the same even as energy prices plunged. Continue reading US Inflation in August Falls; Annual Inflation Rate Stuck at 0.2%
US inflation rose for a sixth straight month in July but at a markedly slower pace than in June and May, according to government data released on Wednesday, August 19.
American consumers spent less on vehicles, transportation and some energy items like fuel oil and electricity but they continued to pay more for food, gasoline and housing. In addition, clothing and healthcare costs went up. Continue reading US Inflation in July Edges Up 0.1%; Annual Inflation Rate at 0.2%