Consumer prices rose slightly in January with unusually cold weather blamed for the sharp increases in electricity, natural gas and fuel oil that offset lower prices at the pump.
The Consumer Price Index, or CPI, rose 0.1% last month after a 0.2% advance in the prior month, the US Labor Department reported Thursday, February 20, 2014. Continue reading
US consumer prices bounced higher in December than in any month since June. The cost of gasoline was the major contributor to increases in both months.
December pricing changes, which were released by the US Labor Department on Thursday, June 16, 2013, also presented the final US inflation picture for calendar year 2013. Continue reading
Consumer prices were unchanged overall in November as lower gas offset price increases in other goods and services monitored by the government, the US Labor Department reported Tuesday, December 17, 2013.
The Consumer Price Index, or CPI, was flat last month after decreasing 0.1% in October. Most economists, according to major news outlets, had projected an increase of 0.1%. Continue reading
Consumer prices settled lower in October for the first time in six months, the latest data from the US Labor Department shows. The bureau on Wednesday, November 20, said the Consumer Price Index, or CPI, fell 0.1% last month after rising 0.2% in the prior month.
Declining categories were broad and led by energy prices which fell 2.7%. Within that category, gasoline prices dropped 2.9% and are now Continue reading
Consumer prices rose about as expected in September, based on the latest figures from the US Labor Department and what economists’ had forecast. The Consumer Price Index, or CPI, increased 0.2% last month after rising 0.1% in August.
Increases in categories like energy, rents and mortgages, and medical care had less impact overall as food prices did not rise for the first time in four months. Continue reading
Consumer prices rose 0.1 percent in August 2013, a US Labor Department report released Tuesday showed. The figure was below forecasts with economists expecting prices to rise 0.2 percent to match July’s gain.
Advances in food (+0.1%), apparel (+0.1%), shelter (+0.2%) and medical care (commodities +0.4% and services +0.7) were offset by falling energy prices (-0.3%). Continue reading
Consumer prices jumped 0.5% in June 2013, the biggest gain since February and well above the prior month’s 0.1% advance, US Labor Department figures revealed Tuesday.
The pick-up was larger than most forecasts from polled economists with media outlets hanging an expected increase closer to 0.3%. Continue reading
Consumer prices climbed 0.1 percent in May 2013, reversing direction from two consecutive monthly declines of 0.4 percent in April and 0.2 percent in March.
Despite the increase, most media sources are describing inflation as subdued and below economists’ expectations of an often cited 0.2 percent area. Continue reading
Consumer prices fell 0.4 percent in April 2013, marking a second straight monthly decline when coupled with the 0.2 percent fall in March. The huge reversal contrasts sharply from the 0.7 percent increase in February.
In each of the months, prices at the pump largely dictated and led changes. Last month, gasoline prices dropped 8.1 percent. Continue reading
Consumer prices declined 0.2 percent in March 2013, more than most analysts expected and following the higher-than-expected 0.7 percent increase in February 2013 — the largest since June 2009.
Credited in pulling costs down for Americans were lower energy prices. Specially and notably, gas prices fell 4.4 percent after soaring 9.1 percent in the previous month. Continue reading