Inflation rose 0.1% in November and 7.1% on an annual basis, according to the Labor Department’s Consumer Price Index (CPI) data released Dec. 13. Previously, in the CPI report for October, monthly and annual gains registered at 0.4% and 7.7%.
Pricing for food remained elevated with November and 12-month breakdowns of 0.5% and 10.6%, compared to 0.6% and 10.9% Continue reading U.S. Inflation Rates Ending November 2022
Inflation in the United States grew in April by the largest amount in more than three years, a Labor Department report showed Tuesday, May 17, 2016.
Gains were largely attributed to an increase in the cost of gasoline, although they were broad-based across both goods and services that Americans consume. Continue reading US Inflation Jumps 0.4% in April, Climbs 1.1% Annually
U.S. inflation was unchanged in January but surged annually by the most since 2014, a Labor Department report showed Friday, February 19, 2016.
Cheaper energy and food bills kept inflation in check last month even as costs for medical care and shelter rose. Continue reading US Inflation Firms in January
U.S. inflation declined in December as energy and food prices retreated for a second month in row, a Labor Department report showed Wednesday, January 20, 2016.
In the longer haul, the rate of inflation climbed in 2015 but at the slowest pace in over 50 years. Continue reading US Inflation in 2015 Second Lowest in 50 Years
U.S. inflation flattened in November, according to a U.S. Labor Department report released Tuesday, December 15, 2015.
Cost increases in areas like shelter, healthcare and transportation were offset by reductions in energy and food prices, the report shows. Continue reading US Inflation Flat in November, Up 0.5% Annually
U.S. inflation rose in October for the first time since July, according to a U.S. Labor Department report released Tuesday, November 17, 2015.
Increases happened as medical care and shelter costs continued to rise, as did food prices. The cost of gasoline also ticked higher after plunging the two previous months. Continue reading US Inflation Climbs in October After Two Monthly Declines
U.S. inflation fell for the second consecutive month in September, driven down by plunging gasoline prices even as the cost of food continued to rise. On the other hand, core inflation, which strips out food and energy prices, advanced more than expected.
In September, the Consumer Price Index (CPI) dropped 0.2% after falling 0.1% in August, according to a U.S. Labor Department report released Thursday, October 15. Continue reading US Inflation Drops to Zero in 12-Months Ended September
Inflation declined in August for the first time since January yet remained at the same level over the past year, according to a U.S. Labor Department report released Wednesday, September 16, 2015.
Decreases for the month came as the cost of gasoline cheapened along with other items like airline fares, household furnishings and operations, recreation, and used cars and trucks. Continue reading Inflation in August Marks First Monthly Decline in 2015
U.S. inflation in July picked up for a sixth month in a row yet was well lower than the prior two months, according to a U.S. Labor Department report released Wednesday, August 19, 2015.
Inflation gains concentrated around food, energy, shelter, clothing and medical care, with U.S. consumers catching some pricing breaks on vehicles and transportation. Continue reading US Inflation Edges Higher in 12-Months Ended July
The annual U.S. inflation rate ticked higher for the first time this year as consumer prices rose in June for a fifth consecutive month, according to a U.S. Labor Department report released Friday, July 17, 2015.
Inflation gains were mostly broad-based, from energy, to food, to shelter and to new vehicles. Continue reading Annual Rate of Inflation Rises for First Time in 2015