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Consumer prices were up 2.7% for the 12 months ended in November, moving higher from the 2.6% annual increase seen in October and marking the highest annual rate since July, according to the ...
The current conditions index, which evaluates the near-term outlook for consumer demand, inflation, and economic growth, declined by 7.2% month over month, largely due to a double-digit drop in ...
The country reached an 8.3% inflation rate in August, the most recent month for which Consumer Price Index data is available from the Bureau of Labor Statistics. See: Consumer Price Index Shows...
And though these figures come from a different data set, Friday’s jobs report showed wage gains continued to impress, rising 0.6% over the prior month in January and 4.5% over last year. And ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
Overall inflation climbed 0.3% in December from the previous month, driven higher by a jump in gas prices. Monthly increases at that level, if they continued, would exceed the Fed's target.
The Bureau of Labor Statistics released its January Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed's preferred measure. Yet yearly core inflation has fluctuated between 2.6% and 2.8% since February.