Over the past few months, consumer price hikes in the United States have consistently outpaced expectations. In March, mirroring February’s pattern, increases in shelter and gasoline costs notably fueled inflation. "The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items," the Labor Department’s monthly report said. In the headline figure for the month, U.S. consumer prices rose by 0.4%, matching February’s rate, the Labor Department said April 10 in its monthly report on the Cons ..read more

Consumer prices in the United States have continued to surpass projections, hitting their highest point in five months as of February. The rising costs of shelter and gasoline greatly contributed to driving inflation for the month, although Americans finally saw some relief in what they paid for groceries. "The index for shelter rose in February, as did the index for gasoline. Combined, these two indexes contributed over sixty percent of the monthly increase in the index for all items," the Labor Department’s monthly report said. In the headline figure for the month, U.S. consumer prices ros ..read more

U.S. consumer prices continue to exceed expectations, reaching the highest level in four months in January. Rising costs of shelter offset reduced prices in sectors like energy, apparel, and prescription medication. Furthermore, food prices also remained elevated. In the headline figure for the month, U.S. consumer prices increased by 0.3% in January, after rising by 0.2% in December, the Labor Department said in its monthly report on the Consumer Price Index (CPI). The CPI is a closely watched inflation gauge that measures what Americans consumers pay for everyday items, ranging from coffee ..read more

U.S. consumer prices increased more than expected in December as Americans paid more for shelter, medical care and gasoline. When it comes to shelter, which includes rents, hotel and motel stays, and school housing, it accounted for more than half of the monthly increase in consumer prices. In the headline figure for the month, U.S. consumer prices increased by 0.3% in December, after rising by 0.1% in November, the Labor Department said in its monthly report on the Consumer Price Index (CPI). The CPI is a closely watched inflation gauge that measures what Americans consumers pay for everyday ..read more

In November, overall inflation picked up a bit, further contributing to the price pressures that U.S. consumers experience when paying for goods and services, especially when compared to just a few years ago. However, the rate of these increases has generally slowed, with housing costs being the most notable exception. A significant drop in energy prices helped to keep inflation in check, at least in November and as compared to a year ago. In the headline monthly figure, U.S. consumer prices rose by 0.1% in November, after being unchanged in October, the Labor Department said in its monthly r ..read more

In October, overall inflation remained unchanged as American consumers spent slightly more on items like food and shelter, while spending less on gasoline. Moreover, there was a slight easing of underlying inflationary pressures, both on a monthly and yearly basis. In the headline monthly figure, U.S. consumer prices registered flat in October, after rising by 0.4% in September, the Labor Department said in its monthly report on the Consumer Price Index (CPI). The CPI is a closely watched inflation gauge that measures what Americans consumers pay for everyday items, ranging from eggs to energ ..read more

Inflation in the United States increased in September, although the rise was not as significant as it was in August, as reported by a U.S. government release on Thursday, Oct. 12. Consumers’ pocketbooks continued to be pressured by higher shelter prices, which accounted for over half of the gain, in addition to rising gasoline costs. In the headline monthly figure, U.S. consumer prices increased 0.4% in September, after rising by 0.6% in August, the Labor Department said in its monthly report on the Consumer Price Index (CPI). The CPI is a closely watched inflation gauge that measures what Am ..read more

Rates of inflation quickened in the United States on both a monthly and year-on-year basis, according to a U.S. government report released on Wednesday, September 13th. However, underlying inflation compared to a year ago rose by the least amount in nearly two years. The monthly increase, which was the largest in 14 months, was largely driven by higher prices for energy and shelter. In the headline monthly figure, U.S. consumer prices increased 0.6% in August — the most since June 2022, after rising by 0.2% in July, the Labor Department said in its monthly report on the Consumer Price Index ..read more

The annual inflation rate accelerated slightly as consumer prices edged up from a year ago, according to a U.S. government report released on Thursday, August 10th. While Americans continue to grapple with essential expenses like shelter and food, there are indicators suggesting that inflation pressures are beginning to exhibit further signs of cooling. In the headline monthly figure, U.S. consumer prices in July rose by 0.2%, the same increase as in June, the Labor Department said in its monthly report on the Consumer Price Index (CPI). The CPI is a closely watched inflation gauge that measu ..read more

Consumer prices climbed at their slowest annual pace since early 2021, although they ran a bit quicker during the month of June compared to May, according to a report from the U.S. government released on Wednesday, July 12. In comparison to prices a year ago, food prices were still elevated, while energy prices exhibited a sharper decline. When excluding energy and food, housing costs continue to stand out as the major contributor to the upward inflation pressures. In the headline monthly figure, U.S. consumer prices in June rose by 0.2%, compared to a 0.1% rise in May, the Labor Department s ..read more