|Please fill all required fields|
US inflation eased over the past year as consumers prices fell in May by the most in more than three years, the US government reported Thursday.
Thanks to sharply lower gasoline costs and leveled food prices, American consumers were able to better handle increases in items like clothing, transportation, shelter and medical care.
Consumer prices declined 0.3 percent in May after being flat in April, the US Labor Department reported. It was the first downturn since October and the biggest drop since December 2008. Read more
American consumers got a bit of a break in April as US inflation was flat for the month, the US government reported today in Washington.
Consumer prices were unchanged in April and for the first time since December, thanks to falling energy costs. The unchanged reading followed a 0.3% increase in the previous month when gasoline and other energy items were on the rise.
US Labor Department inflation data shows that gasoline prices dropped 2.6% last month compared to March and February increases of 1.7% and 6.0%, respectively. Read more
US inflation tamed just a bit in March and over the past twelve months as energy prices increased at a slower pace last month, the US government reported Friday in Washington. Still, the costs of food and most other goods and services went up last month to add further distress to the pocketbooks of many Americans.
Consumer prices advanced 0.3 percent in March after increasing of 0.4 percent in the previous month, US Labor Department inflation data revealed. Increases were again led by energy, followed by food.
Prices at the pump grew 1.7% last month, although that was significantly slower than the prior month’s 6.0 percent surge which had been the main driver to the biggest monthly increase in consumer prices since April 2011. Read more
While the annual percentage rate remained unchanged, US inflation climbed sharply in February as soaring gasoline costs drove the biggest monthly increase in consumer prices since April 2011.
Consumer prices rose 0.4 percent in February after an increase of 0.2 percent in January, the US government reported today in Washington. The cost of food was actually flat last month, marking the first time food prices have not advanced since July 2010. But energy prices surged in February as prices at the pump jumped 6.0 percent. Read more
US inflation ticked higher in January as Americans paid more at the pump for the first time in four months, government data released on Friday revealed. However, consumer prices dipped a bit over the past year as compared to the previous 12-months ending in December.
Consumer prices rose 0.2 percent in January, marking the biggest jump since September and coming on the heels of two straight flat monthly readings.
Food and energy costs are among the items that drove US inflation higher as both of the government-watched indexes advanced 0.2 percent in January. The increase for food actually matched the previous month. However, energy prices tumbled 1.3 percent in December and the change into January accounted for a more noticeable burden on the wallet. Advances occurred in other areas as well, the government noted. Read more
US inflation eased as consumer prices remained in check last month, the US government said Thursday in Washington. While Americans paid more for food, housing and transportation, cheaper energy costs offset the increases.
Consumer prices were flat in December for a second straight month following advances of 0.1, 0.3, and 0.4 percent in October, September, and August. Read more
After surging earlier in 2011, US inflation has trended lower in recent months, inflation data released Friday by the US government highlights. Consumer prices were flat in November as food prices cooled and American’s paid less for gasoline which offset higher costs in other items like shelter, medical care, and clothing.
Consumer prices were unchanged in November on a seasonally adjusted basis after falling 0.1 percent in October. Increases of 0.3, 0.4 and 0.5 percent had been reported by the bureau for the respective months of September, August and July. Falling energy prices have been the major catalyst in recent inflation dips. Read more
Consumer prices retreated in October 2011 for the first time in four months as Americans paid less for gasoline, cars and other items. The decline trimmed the annual US inflation rate by four points from the previous 12-month reading which had marked the biggest increase in three years.
The US Labor Department on Wednesday said consumer prices fell 0.1 percent in October after rising 0.3, 0.4 and 0.5 percent in the respective months of September, August and July. Consumer prices last dipped on a monthly basis in June (by 0.2 percent) due to sharply lower energy costs. The catalyst for October’s decrease was markedly the same. Read more
US inflation in September 2011 calmed ever-so-slightly when compared against the previous month — a second straight month of modest taming. But American consumers continued to hand out larger sums of money to pay for their routine purchases. Worse, US inflation on an annual basis marked its biggest increase in 3 years, imparting a remindful and painful pull on consumers’ wallets.
Consumer prices rose 0.3 percent in September after rising 0.4 percent in August and jumping 0.5 percent in July, according to a US government report released Wednesday morning. The increase was mostly in line with economists’ expectations, and led by higher energy and food prices. Read more
Although the US inflation rate cooled a bit in August 2011 when compared against July 2011, consumer prices advanced for the month as Americans paid more than expected for goods and services. At the same time, US inflation over the past 12 months not only increased but the more closely watched core rate was the highest since November 2008.
The US Labor Department said consumer prices rose 0.4 percent in August after surging 0.5 percent in July. The increase was double the level of what many analysts’ expected. While gasoline prices rose at a more modest 1.9 percent rate in August versus the 4.7 percent jump in the previous month, food prices ticked up 0.5 percent after increasing 0.4 percent in July. Read more