U.S. inflation at the consumer level rose slightly in July and the annual rate of inflation picked up modestly, according to a report released by the Labor Department on Friday, August 11, but gains were softer than expected.
Rising costs in food, medical care, clothing, housing and transportation were mostly offset by falling prices in other areas like energy and vehicles. Continue reading US Inflation Remains Subdued in July
The cost of living in the United States was little changed in June, and the annual rate of inflation slowed, according to a report released by the Labor Department on Friday, July 14.
Cheaper gas, vehicles, and clothing offset cost increases in other areas like health care, transportation and shelter; while food prices leveled off after five straight increases. Continue reading US Inflation Decelerates as Consumer Prices Flatten in June
Inflation in the United States fell in May for the second time in three months, according to government figures released on Wednesday, June 14.
The overall cost of living reduction was led by cheaper energy, although lower vehicle and clothing prices also contributed. Continue reading US Inflation Falls in May for Second Time in Three Months
U.S. inflation rebounded modestly in April after sliding in March for the first time in more than a year, although the annual rate of inflation eased for a second month in a row, the government reported Friday, May 12.
Drivers for the monthly increase included items like shelter, gasoline, electricity, food and tobacco. Continue reading US Inflation Bounces Back in April; Rate Eases Year-On-Year
The cost of living in the United States declined in March for the first time in more than a year, and the annual pace of inflation slowed somewhat following the biggest advance in over four years, according to newly released data in a government report published on Friday, April 14. Continue reading Annual Rate of Inflation Eases in March; CPI Logs First Drop in 13 Months
U.S. inflation eased markedly in February from the quickest rate in nearly four years, though the annual pace remained the most brisk since 2012, the government reported Wednesday, March 15.
Americans paid a lot less for gasoline last month, offsetting higher priced items like food, shelter, clothing and transportation. Continue reading Annual US Inflation Highest Since 2012
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
United States inflation over the full year of 2016 ran at the fastest pace in five years, propelled by five straight months of cost of living increases, according to government figures released Wednesday, January 18.
Pricing gains were broad-based, but led again by rising shelter and gasoline. Continue reading US Inflation Climbs 2.1% in 2016; Quickest Annual Rate Since 2011
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
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