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Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June.
Read More »US inflation reached a new 40-year high in June of 9.1%
US inflation hit a new 40-year high last month of 8.6%
The costs of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high.
Read More »January wholesale inflation surged 9.7% from a year ago
Wholesale inflation surged again last month, rising 9.7% from a year earlier in a sign that price pressures remain high at all levels of the economy.
Tagged with: inflation prices wholesale
Read More »How inflation and tangled supply lines are gripping the economy
Inflation and tangled supply chains have seeped into nearly every nook of the economy, forcing consumers and businesses to make painful decisions that many of them have never had to contemplate before.
Tagged with: Economy inflation prices
Read More »Inflation highest in 40 years, with no letup in sight
Inflation soared over the past year at its highest rate in four decades.
Read More »Wholesale prices jumped a record 9.7% in 2021
Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record.
Tagged with: inflation prices wholesale prices
Read More »Consumer spending up a modest 0.6% with inflation high
American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign amid a prolonged bout of high inflation.
Tagged with: consumer spending inflation prices
Read More »US wholesale prices rose record 8.6% over 12 months
Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.
Tagged with: prices wholesale prices
Read More »Inflation rises 5.4% from year ago, matching 13-year high
Another surge in consumer prices in September sent inflation to 5.4% from a year ago, matching the highest such rate since 2008 as tangled global supply lines continue to create havoc.
Tagged with: consumer price index inflation prices
Read More »US producer prices jump an unprecedented 8.3% year-over-year in August
Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.
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