Consumer Price Index - Page 2

Inflation is proving sticky despite record Fed hikes.

On Wednesday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein stated that we have seen a trend of “CPI growing more slowly” and the growth in the Consumer Price Index (CPI) is less

The consumer price index, a key barometer of what consumers pay for goods and services, rose four percent last month from a year earlier, the Labor Department said Tuesday. Compared with March, the consumer price index (CPI) rose 0.1 percent. Core

Inflation has eased from its worst levels last summer but progress has been slower than expected and prices are still rising too fast.

As the U.S. inflation accelerates in January, despite the efforts to bring down the prices hikes with higher interest rates from the Federal Reserve, new data shows egg prices have increased 70 percent.

With the U.S. inflation accelerating in January, despite the efforts to bring down the prices hikes with higher interest rates from the Federal Reserve, many consumer categories are still being hit hard.

The consumer price index rose by half a percentage point in January.

While overall inflation is cooling, prices in the services sector are up the most since 1982.

Food prices, however, are still rising at a rapid rate.

Here we go again. The Commerce Department on Wednesday said that consumer spending grew by 1.3 percent compared with September, when spending was unchanged with the prior month. Compared with a year ago, retail sales were up 8.9 percent. Total

A family in Venezuela required on average the equivalent of 28.32 months’ worth of the country’s minimum wage to be able to properly afford food during September, according to data published by the Center for Documentation and Social Analysis of the Venezuelan Federation of Teachers (CENDAS-FVM) on Sunday.

Vulnerable House Democrats continue to make remarks in debates about being focused on inflation and the economy while “inflation continues to erase wage gains for most workers.”

Economists had expected the index to be up 0.2 percent on a monthly basis and 8.1 percent compared with a year ago.

In reality, inflation unexpectedly accelerated in August to show prices rising once again.

Economists had thought inflation would be reversing in August.

Also: here’s why food inflation matters more than headline or core prices.

Measures of underlying inflation got worse, not better, in July.

Wage gains still lag inflation but real wages did actually rise for the first time this year in July.

Nearly everywhere you look in the grocery store, food prices are still soaring.

Economists had expected inflation to fall to 8.8 percent year-over-year and for core inflation to climb to 6.1 percent.

Nearly half of the food banks in the United States are experiencing increased demand as Americans struggle under the crushing weight of inflation.

President Joe Biden told Americans inflation would be “temporary” exactly one year ago today.

The vast majority of people handling economic policy for the United States government under Biden have no business experience whatsoever.

It increasingly looks like it may take a recession to tame inflation—a recession that may already be underway.

Trump-endorsed Ohio U.S. Senate candidate J.D. Vance (R) slammed Biden’s 2020 surrogate and Ohio U.S. Senate candidate Rep. Tim Ryan (D-OH) for helping the president “decimate” the economy instead of rebuilding it.

President Biden’s inflation is a “tax on all Americans” as prices rise to a high not seen in over 40 years, Republicans said on Wednesday following the release of the Bureau of Labor Statistics’ Consumer Price Index.

Will Biden try to blame inflation in pots, pans, bedding, kitchen furniture, appliances, toilet paper, house plants, dishes, and even garbage collection on greed and Putin?

Oil prices plunged on Tuesday ahead of President Joe Biden’s first trip to the Kingdom of Saudi Arabia.

Summer heat has not brought any relief from the worst inflation since 1981.

Claim: Putin’s war against Ukraine is the biggest driver of inflation, the White House said Monday. Verdict: False.

Inflation does not look like the result of “Putin’s price hike” or even supply-chain disruptions. It is being driven by consumer demand pumped up by a legacy of stimulus–monetary and fiscal–and fueled by a red hot labor market.

There’s blood on the floor of the Mouse House throne room.

The idea that we might be headed toward a “softish landing” was probably the great victim of the April report on the Consumer Price Index.

There is likely to be a lot of discussion around the idea that March was “peak inflation” if the Consumer Price Index for April comes in as expected on Wednesday.

The one hundred and forty-eighth running of the Kentucky Derby produced an excellent reminder that markets do not always get everything right.

The April employment reports released Friday perfectly encapsulated the economic moment: everyone has a job and no one is happy about it because of inflation.