CPI report updates: Inflation rises slightly | AP News
3 days ago · Updated 9:01 PM PST, November 12, 2024. WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Consumer prices are thought to have increased 2.6% from 12 months earlier, according to a survey of ...
US wholesale inflation picks up slightly in sign that some price ...
1 day ago · Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain the month before. Compared with a year earlier, wholesale prices were up 2.4%, accelerating from a year-over-year gain of 1.9% in September.
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
2 days ago · Inflation ticked up slightly on an annual basis in October, the latest evidence that while cost increases continue to come under control, they have not yet been entirely vanquished. The Consumer ...
US inflation slows but remains elevated in sign that price …
Feb 13, 2024 · Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.
What to know about inflation today and what it means for the economy - NPR
Aug 10, 2023 · Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.
Inflation in the U.S.: What You Need to Know - The New York Times
Jun 11, 2022 · Here’s a guide to understanding what’s happening with inflation and how to think about price gains when navigating this complicated moment in the U.S. and world economy.
Inflation around the world, over the past two years - Pew Research Center
Jun 15, 2022 · Annual U.S. inflation in the first quarter of this year averaged just below 8.0% – the 13th-highest rate among the 44 countries examined. The first-quarter inflation rate in the U.S. was almost four times its level in 2020’s first quarter.
What caused inflation to spike after 2020? - U.S. Bureau of Labor ...
What caused inflation to spike after 2020? Summary written by: Richard Hernandez. The United States was experiencing a period of low inflation before 2020. Then, in early 2020, the coronavirus disease 2019 (COVID-19) created various market problems, causing prices for goods and services to rise.
Inflation Update: The Latest Figures, Why It Happened, What To ... - Forbes
Mar 15, 2024 · The BLS released its most recent data on U.S. inflation. Motor vehicle insurance surged 20.60% in the past 12 months. Get the facts inside.
Why inflation may look like it's easing but is still a huge problem
Oct 19, 2024 · Since prices started spiking in early 2021, food inflation has surged 22%. Eggs are up 87%, auto insurance has soared nearly 47% and gasoline, though on a downward trajectory recently, is still...