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
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