Inflation remained well over targets in February but consumers just kept spending, the latest signal that the economy is not quick to slow down, despite […]
Tag: inflation
Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High
U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by […]
The missing story in February’s inflation numbers
Consumer prices increased slightly in February due to higher rents and food costs, but prices in the U.S. are expected to slow or even decline […]
Inflation remains low capping off a year of steady but slow growth
Consumer prices in the U.S. rose slightly in January, but the increase was smaller than expected due to falling gas prices. Overall prices increased by […]
Consumer Prices Aren’t Budging Despite Wage Growth
Consumer prices remained unchanged for the third consecutive month amid rapid job creation and wage growth, signaling to the Federal Reserve Board that planned interest […]
Real Disposable Income Rises Sharply, Driven by One-Time Bonuses
Personal income increased in January, as employer optimism surrounding the recent tax bill made its way to consumers’ wallets. The 0.4% increase in January released […]
Personal Income Rises, But Buying Power Dwindles With Inflation
Personal income increased in January but the gains were eaten up by rising prices. Personal income rose 0.4%, exceeding a 0.3% expectation. Consumer spending figures […]
Income and consumption in January confirm strength of U.S. economy
Personal income and spending both rose by 0.5% in January, the U.S. Department of Commerce reported Friday. The figures indicate the American economy is improving […]
Gas Surcharges Haven’t Added To Commodities, CPI Shows
By Menglin Huang| Mar 16, 2012 Higher gas prices in February drove headline consumer prices up by the most in 10 months. But outside of […]
Jump in Producer Prices Raises Inflation Questions
Wholesale prices increased by 0.8 percent in January, exceeding some forecasters’ predictions. But economists said it’s too soon to sound the alarm on rising inflation, […]