All posts by US Inflation Editor

April 2014 US Inflation

Consumer prices in the United States rose sharply in April and the rate of inflation sped up over the last 12 months, a U.S. Labor Department report released Thursday, May 15, 2014, shows.

Gains widened across categories last month with prices stubbornly higher for food, advancing again for energy, and increasing for housing, medical care, transpiration and vehicles, to name a few. Continue reading April 2014 US Inflation

November 2013 US Inflation

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 November 2013 US Inflation

October 2013 US Inflation

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 October 2013 US Inflation

September 2013 US Inflation

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 September 2013 US Inflation