inflation

No Tariff-Led Inflation in June Prices

Tariffs have not pushed up consumer prices. The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from

This Aug. 31, 2011 file photo shows an opened can of Campbell's Tomato soup in New York. Campbell Soup Co. said Tuesday, Nov. 22, 2011, fiscal first-quarter net income fell 5 percent as price increases were not enough to offset lower volume in its soup and beverage businesses (AP Photo/James …

Venezuelan Central Bank Admits Economy Is Crashing

Venezuela’s central bank published comprehensive economic data this week for the first time since 2015. The report published by the regime of dictator Nicolas Maduro was not as horrifying as projections from outside observers like the International Monetary Fund (IMF) but nevertheless admits to dizzying rates of inflation and a collapsing economy.

A woman holds new Bolivar-notes in downtown Caracas on August 21, 2018. - Caracas is issuing new banknotes after lopping five zeroes off the crippled bolivar, casting a pall of uncertainty over businesses and consumers across the country. (Photo by Federico PARRA / AFP) (Photo credit should read FEDERICO PARRA/AFP/Getty …

Prices of Imports from China Fell Again in April

The prices of Chinese goods imported to the U.S. fell in April by 0.1 percent after holding steady in March. Prices are down 1.1 percent over the past twelve months. Import prices reported by the Labor Department do not include

Mark Schiefelbein, AP