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The consumer price index jumped 0.5% last month, the biggest gain since August 2023, after rising 0.4% in December, the Labor Department's Bureau of Labor Statistics (BLS) said.
The annual percent change in the US Consumer Price Index for All Urban Consumers is one of the most common metrics for price inflation in the United States. The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
BLS doesn’t seasonally adjust all of its items, and year-over-year inflation rates can better smooth out those variations. According to BLS, these are the prices that increased most over the ...
Wages have risen faster than inflation for 20 months, the latest BLS data shows; however, they remain below where they were four years ago. Inflation has slowed significantly since topping out at ...
Core CPI inflation is now running at its slowest pace since April 2021. The cost of owning and renting a home rose 0.4%. That so-called shelter index accounted for nearly 90% of the monthly ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car ...
And that category has been running stubbornly higher than inflation for more than two years, BLS data shows. After peaking at 8.2% in March, it has trudged lower and now sits at an annual rate of ...