Category Archives: Inflation

US Inflation Grows 2.1% in 2017

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

Annual Inflation Rises 2.2% as Consumer Prices in November Climb 0.4%

Inflation in the United States ran quicker in November as Americans paid a lot more for energy, according to a report released by the Labor Department on Wednesday, December 13, 2017.

Energy costs accounted for about three-fourths of overall pricing gains, the report said, but U.S. consumers also paid more for things like shelter, transportation, and vehicles. Of note and on the flip side, clothing costs fell the most for a month since September 1998. Continue reading Annual Inflation Rises 2.2% as Consumer Prices in November Climb 0.4%

Annual Inflation Eases to 2%; Consumer Prices Inch Higher in October

U.S. inflation at the consumer level barely climbed in October after jumping in September by the most in eight-months, according to a report released by the Labor Department on Wednesday, November 15, 2017.

Rising costs in healthcare and shelter were mostly offset by falling gasoline prices, the data showed. Prices at the pump had been boosted in earlier months by storm-related disruptions from hurricanes Harvey and Irma. Continue reading Annual Inflation Eases to 2%; Consumer Prices Inch Higher in October

US Inflation Rises 2.2% on Annual Basis as Gas Prices Surge in September

The cost of living in the United States increased the most in eight months in September and the annual rate of inflation climbed the highest since April, according to a report released by the Labor Department on Friday, October 13, 2017.

Taking away soaring gasoline prices, however, pricing gains overall were rather muted. They mostly eased from the previous month. Continue reading US Inflation Rises 2.2% on Annual Basis as Gas Prices Surge in September

US Inflation Remains Subdued in July

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

US Inflation Decelerates as Consumer Prices Flatten in June

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

US Inflation Bounces Back in April; Rate Eases Year-On-Year

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

Annual Rate of Inflation Eases in March; CPI Logs First Drop in 13 Months

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