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Excluding food and energy, core PCE rose 0.1% in August and was up 2.7% from a year ago, the 12-month number 0.1 percentage point higher than July. Fed officials tend to focus more on core as a ...
The current inflation rate is 3.5%, with shelter, motor vehicle insurance and energy the current main contributors. ... Over the past 12 months, gasoline prices have risen 1.3 percent, well below ...
Notable callouts from the inflation print include the shelter index, which rose 4.6% on an unadjusted annual basis, slightly lower than November's 4.7% uptick and the smallest 12-month increase ...
Goldman Sachs expects wage growth and rent hikes to slow, pushing inflation lower in coming months. By April, Barclays predicts overall price increases will drop to 2.3% while core inflation ...
Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. US inflation ticked up last month as some price pressures remain persistent Skip to ...
Wholesale inflation continued its yearlong slowdown last month, rising by just 0.1% for the 12 months ended in June, ... while hawks favor robust rate hikes and keeping inflation low above all else.
The Consumer Price Index (CPI) showed inflation rose 0.4% over last month and 3.7% over the prior year on a headline basis in September, a deceleration from August's 0.6% month-over-month increase ...
First came the breakneck acceleration in price growth amid reopenings and job changes, when the 12-month inflation rate surged from less than 1% in June 2020 to more than 9% in June 2022.