The pace of inflation in the United States picked up in July, quickened by broad-based gains in consumer goods and services to include higher prices for shelter, healthcare, airline fares, clothing and energy, the government said Tuesday, August 13, 2019.
In the longer haul as highlighted in the above graphic, two key consumer pricing categories diverged with food prices higher and energy costs lower. Continue reading U.S. Inflation Picks Up In July As Consumer Prices Rise Broadly; Core Inflation Hits 2.2%
Underlying or core inflation in the United States firmed in June with solid increases in shelter, auto and clothing prices but, overall, inflation remained relatively tame for the month and year according to government figures released Thursday, July 11, 2019.
On an annual basis, two key consumer pricing categories diverged with food costs higher and energy prices markedly lower. Continue reading U.S. Core Inflation in June Logs Biggest Increase in 17 Months
U.S. inflation was tame in May, for the most part, and slowed on an annual basis compared to the 12-months ending April, according to government figures released Wednesday, June 12, 2019.
Food prices bounced higher on the month and year while energy prices declined during both periods. Continue reading U.S. Consumer Prices Climb 0.1% in May; Annual Inflation Rises 1.8%
The U.S. inflation place slowed somewhat in April from March and from a year earlier, according to government figures released Friday, May 10, 2019.
Overall food prices declined for the first time in almost two years but gasoline prices advanced for a third month in row to account for more than two-thirds of April’s price increase. Compared to a year ago, both were sharply higher. Continue reading U.S. Consumer Prices Rise 0.3% in April; Annual Inflation Increases 2%
American spent more in March for energy, shelter, food, healthcare and new cars but underlying inflation pressures for the month still remained tame, according to government figures released Wednesday, April 10, 2019.
The cost of food climbed for a fifth straight month while prices at the pump went up for a second month in a row. The pair diverged from a year ago. Continue reading CPI Increases 0.4% in March, U.S. Annual Inflation Rises to 1.9%
American consumers paid more overall for goods and services for the first time in four months in February, according to government figures released Tuesday, March 3, 2019. Still, inflationary pressures were mostly modest for the month and annual inflation pegged in at the weakest rate in almost two-and-a-half years.
Energy prices advanced on the month for the first time since October while the cost of food climbed for a fourth month in a row. On an annual basis, inflation has been kept largely in check by cheaper gasoline. Continue reading Annual Inflation Hits Lowest Rate in Nearly 2-1/2 Years
Inflation in the United States was muted in January thanks in large part to lower gasoline prices, according to government data released Wednesday, February 13, 2019.
In the longer haul, annual gains in overall consumer prices were also limited by falling energy prices even as the cost of food climbed. Stripping the two items had the core rate steady at its same level for a third straight month. Continue reading U.S. Inflation Flat in January As Consumer Prices Checked by Lower Gasoline
The pace of U.S. inflation in 2018 slowed a bit from 2017, according to government figures released Friday, Jan. 11, 2019.
The easing was supported by an overall drop in consumer prices for December — their first slide in nine months — as gas and other energy items declined sharply and as American spent less for air fares, used cars and trucks, and motor vehicle insurance. Continue reading U.S. Inflation Rises 1.9% in 2018
American consumers caught some overall pricing breaks in November, their first in eight months, but underlying inflation remained firm, according to government figures released Wednesday, Dec. 12, 2018.
Americans spent less last month for gas and clothing but more for housing, food, medical care, and used cars. Most everything was higher than a year ago. Continue reading US Inflation Flat in November as Gasoline Prices Decline
Inflation in the United States quickened in October and from a year ago, according to government data released Wednesday, Nov. 14, 2018,
Annual increases in consumer prices resulted largely from higher energy prices. Consumer inflation gains in October, the biggest in nine months, were led by higher costs for gasoline and shelter, along with used cars and trucks. Overall food prices fell for the month, however. Continue reading US Inflation Rises 2.5%, Consumer Prices in October Log Biggest Jump in 9 Months