Economy
September Inflation Sizzles at 3.7%; Social Security Benefits Rise 3.6%
Consumer prices surged 3.7% in September, prompting a 3.6% increase in Social Security benefits for next year, offering an average $75 monthly...
#consumer prices 7 articles
Markets
Consumer Prices Cool in July as Gasoline, Groceries Decline
Inflation eased last month, with consumer prices rising 3.4% annually, a smaller increase than in prior months. Falling gasoline and grocery costs...
Economy
Peru’s Inflation Exceeds Forecasts as Food, Transport Prices Climb
Peru's capital saw inflation accelerate faster than expected in July, driven by climbing food and transport prices, marking the fifth consecutive month...
Economy
Inflation Gauge Hits 3-Year High, Rate Hike Expectations Rise
The Federal Reserve's preferred inflation gauge reached a new three-year high in May, driven by surging gas prices and demand for computer...
Economy
Wholesale Prices Jump 6%, Companies Face Pressure to Raise Consumer Costs
U.S. producer prices rose 6% from a year earlier, the largest increase since December 2022, intensifying pressure on companies to pass higher...
Economy
Inflation Jumps to Highest Since 2023: Gas, Airfares, Housing Drive Costs Up
U.S. inflation hit its highest level since May 2023 in April, with consumer prices up 3.8% annually. Soaring gasoline prices, airfares, and...
Economy
Inflationary Pressures Mount as US Consumers Face Persistent Price Hikes
New consumer price data is expected to confirm rising inflation, with economists forecasting a 0.6% CPI increase for April, deepening consumer frustration.