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One of the most-watched inflation metrics showed a slight slowdown Wednesday, a sign that the price growth that has bedeviled the U.S. economy may be easing. Inflation gauge slows, adding to signs ...
BLS data published Tuesday showed that motor vehicle maintenance and repair costs in U.S. cities increased 6.2% last month compared to a year earlier, outpacing inflation's year-over-year increase ...
The firm detailed five reasons why consumer prices could stay persistently elevated. ... it also means that economic demand and inflation is likely to be stronger than it would otherwise have been ...
Compared to previous estimates, central bankers forecast inflation ending this year higher than expected and lingering at a higher rate next year. Blame COVID. Or the economic gyrations that ...
That was one of the main reasons why CPI jumped by 0.4% on a monthly basis in February. The latest PCE data from January had gas prices falling by 5.2% from December. (CPI also found gas prices ...
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
Price growth sped up a bit in November, a sign that efforts to cool inflation may be stalling. Over the past 12 months, the consumer price index climbed 2.7%, the Bureau of Labor Statistics ...
Americans despise inflation. It's a loathing that colors their perception of the economy and their personal finances. And even if the Federal Reserve hits its so-far unmet inflation target of 2% ...