Consumer prices rose 2.7% in November compared to a year earlier, marking a notable reduction from 3% year-over-year inflation in September, the most recent month for which complete data is available.
An inflation gauge watched by the Federal Reserve dropped to pre-pandemic levels. Prices rose slightly in September compared to last year, according to a Commerce Department report. Economists predict ...
Consumer prices rose 2.5% in August from a year ago, the smallest annual increase since early 2001. (Spencer Platt/Getty Images North America) Inflation fell to its lowest level in three and a half ...
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an ...
In July, the Consumer Price Index showed a 2.9% increase for all items, the lowest rise since March 2021. Just over two years ago, in June 2022, the Consumer Price Index was up 9%. Here’s a chart of ...
Inflation at the wholesale level fell more than expected in May, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy in the face of ...
Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed ...
WASHINGTON -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday showed.
If you’ve been listening to the political rhetoric about inflation, you might assume that Democrats and Republicans are on different planets — and that one of the sides isn’t telling the truth.
Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from a ...