Broad disinflation across the whole CPI basket we have seen over the past year is likely over. The majority of the decline in inflation since its mid-2022 peak has been from a combination of energy ...
The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of Labor ...
Core services, which dominate the inflation index and include many of the essentials that consumers cannot do without, rose by 4.3% annualized in August. “Core” CPI, which excludes food and energy ...
I'm a senior consumer finance reporter for Forbes Advisor. I cover what's going on in the news and how it affects your bottom line. When I'm not writing articles, I author the Forbes Advisor Weekly ...
When prices surge across various sectors of the economy, you’ll start hearing analysts talk about inflation. Inflation is the devaluation of currency over time, meaning as goods and services become ...
The Bureau of Labor Statistics (BLS) calculates the CPI in the United States. It collects data on the changes in prices of thousands of everyday items from retail stores, rental units, services ...
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates next week. Consumer prices were up 2.7% for the 12 months ended in November, ...
This morning, the market’s most-anticipated inflation report – the consumer price index report (CPI) – was released. And it seems investors are having trouble figuring out if this latest batch of ...
About two-thirds of Americans say their expenses have risen in the past year, but only about a quarter say their income is up, according to new Associated Press poll. That’s how inflation feels to we ...
OTTAWA, Aug 19 (Reuters) - Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, data showed on ...