Maryland Daily Record Maryland's trusted source for business and legal news
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 »Wholesale prices jumped a record 9.7% in 2021
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.
Read More »Wholesale costs see back-to-back price hikes, with 1% rise in July
Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month.
Tagged with: inflation prices wholesale
Read More »Consumer prices rose in July but at slower pace
Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases.
Tagged with: prices
Read More »As inflation rises, Fed sees faster time frame for rate hikes
The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back low-interest rate policies.
Tagged with: fed inflation interest rates prices
Read More »Another jump in prices furthers inflation spike, tightens squeeze on consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
Tagged with: Economy fed inflation prices
Read More »Gas prices headed down
GasBuddy.com, a gasoline price website based in Gaithersburg, predicts the lowest autumn gas prices in four years this season. Last week, the national average per gallon for regular unleaded was just under $3.78. GasBuddy’s analysts say prices will fall to ...
Read More »
