The pace of annual inflation slowed in the United States for a second month in row after surging just a few months back to a more than six-year high, according to government data released Thursday, Oct. 11, 2018,
In September, American consumers paid less for food and energy. Their rate of energy increases also slowed from a year ago compared to August. Core consumer inflation, though, which discounts pricing gains in food and energy, ran at the same pace as the previous month and year. Continue reading US Inflation Slows Again as Consumer Prices Ease in September
In August, U.S. inflation ran at the same pace as in July but slowed on an annual basis for the first time this year, according to government data released Thursday, Sept. 13, 2018. Core consumer inflation, which discounts pricing gains in food and energy, cooled for the month and from a year ago.
American consumers in August paid a bit more for food and a lot more on energy to include gasoline and fuel oil, while paying less for clothing, telecommunications and medical care. Continue reading US Inflation Cools Somewhat; Consumer Prices Steady in August
Inflation in the United States grew modestly in July and remained vigorous from a year earlier, according to government data released Friday, August 10, 2018.
Annual increases in overall consumer prices were driven mostly by higher energy and somewhat by food costs. Stripping the two items, however, still had core prices marching at their quickest pace in a decade. Continue reading Core Inflation Highest in Decade; Consumer Prices Rose 0.2% in July
The pace of annual inflation continued at a fresh, more than six-year high even as consumer prices barely picked up in June.
American consumers paid more last month for food, shelter and gasoline, according to U.S. government figures released Thursday, July 12, 2018. The cost of these same items surged from a year earlier with their annual increases ranging from 1.4% to 24.3%. Continue reading US Inflation Hits New 6-Year High; Consumer Prices Ebb in June
Annual inflation in the United States ran at its quickest pace in more than six years even as consumer prices rose modestly in May, according to government figures released Wednesday, June 12, 2018.
Higher gasoline and shelter prices accounted for the overall monthly increase, for the most part, with average prices unchanged for some major items like food, clothing and transportation services. Higher gas and shelter costs also played a large roll in driving inflation higher from a year ago. Continue reading US Inflation Rises to 6-Year High, Consumer Prices Climb 0.2% in May
U.S. consumer prices bounced in April after falling in March for the first time in 10 months, while inflation over the past 12 months increased the most in over a year, according to government figures released Thursday, May 10, 2018.
There were pricing declines in a few areas, like new and used vehicles, but those were offset by higher prices for items like gasoline, food, clothing and shelter. Continue reading Annual US Inflation Highest in 14 Months As Consumer Prices Rise 0.2% in April
U.S. consumer prices declined for the first time in 10 months in March while inflation over the past 12 months rose the most in a year, according to government figures released Wednesday, April 11, 2018.
Higher costs in areas like healthcare, shelter and food were offset by falling gasoline prices, the data for March showed. Continue reading US Inflation Highest in Year Even as Consumer Prices Drop in March
Inflation in the United States climbed in line with expectations in February after exceeding projections in January, based on government figures released Tuesday, March 13, 2018.
Clothing and auto insurance costs continued to rise by higher-than-typical amounts with respective 1.5% and 1.7% increases from 1.7% and 1.3% previously, but prices at the pump fell by almost 1% after jumping nearly 6% in January. Continue reading US Inflation Climbs Slower in February Yet Strengthens Year-Over-Year
Inflation in the United States exceeded projections in January as American consumers paid more for a broad range of goods and services, including gasoline, shelter, clothing, medical care, car insurance, personal care, and used cars and trucks, according to government figures released Wednesday, February 14, 2018.
In two unique standouts, clothing costs rose 1.7% for their biggest monthly increase since 1990 and auto insurance climbed 1.3% for its largest advance since 2001. In addition, higher gasoline prices were again in play following a reprieve in December. Continue reading US Inflation in January Tops Expectations with Broad Gains in Consumer Prices
U.S. inflation over the full year 2017 matched the pace in 2016, which registered as the quickest in five years, according to government figures published Friday, January 12, 2018.
Digging into the details for standouts, underlying or core consumer prices jumped in December to an almost one-year high. Overall, however, price increases tapered from the previous month with the help of cheaper gasoline. Continue reading US Inflation Grows 2.1% in 2017