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 →

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% →

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 →

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 →

Inflation in the United States picked up in August and on an annual basis, according to a report released by the Labor Department on Thursday, September 14.

More expensive gasoline and accelerated housing costs were key drivers for the increases. Continue reading US Inflation Heats Up in August as Gas and Housing Costs Rise →

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 →

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 →

Inflation in the United States fell in May for the second time in three months, according to government figures released on Wednesday, June 14.

The overall cost of living reduction was led by cheaper energy, although lower vehicle and clothing prices also contributed. Continue reading US Inflation Falls in May for Second Time in Three Months →