On a monthly basis, consumer prices increased 0.5%, marking the third consecutive month of elevated inflation readings and ...
Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on ...
Sales growth rose more than expected for U.S. retailers in May, as consumers continued to make purchases even as gasoline ...
US CPI rose 4.2% in May, the highest in over three years, driven by energy costs, while core CPI rose 2.9%, as the Fed weighs holding rates steady.
Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
US inflation accelerated again in May as the Iran war pushed up energy prices, though a gauge of underlying inflation rose by ...
Beyond the initial energy shock, disruptions to fertilizer markets may eventually lead to higher grocery bills, while rising ...
The new CPI report showed inflation in May climbed to the highest rate in about three years.
Prices have been rising in recent weeks, driven in large part by fuel costs surging from the ongoing Iran war.
U.S. inflation accelerated in May, in line with consensus as the consumer price index (CPI) rose 0.5 per cent from April and ...
WASHINGTON, April 30(Reuters) - U.S. inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates ...