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U.S. inflation remained relatively subdued in February, with consumer prices rising modestly as gains in food, energy, and other categories were partly offset by easing pressures in key areas such as shelter, according to the Labor Department’s report released Wednesday, March 11.
The headline monthly inflation figure showed a 0.3% increase in U.S. consume...
U.S. inflation cooled at the start of the year as price pressures eased across several major categories, with underlying inflation reaching its softest level in nearly four years.
Energy costs provided much of the near-term relief, while longer-running drivers such as shelter continued a gradual slowdown.
The headline monthly inflation figure showed a
U.S. inflation remained relatively steady in December, based on a government report released Tuesday, January 13, with consumer prices increasing at a pace that generally aligned with expectations or came in slightly below.
Shelter, grocery, and restaurant prices were among the larger gainers, while gasoline and used car prices declined.
The headline monthly inf...
U.S. inflation climbed less than expected in the 12 months ending in November, based on economists’ consensus ahead of the government report released Thursday, December 18, which was delayed by the 43-day shutdown.
October’s CPI report was canceled because most pricing data could not be collected retroactively by Labor Department workers, leaving the November repo...