Inflation progress stalls in US in October
as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a slight uptick from 2.4% the month before. The latest figures ...
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
Higher services costs lift US producer inflation in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, more evidence that progress towards lower inflation was stalling. The report from the Labor Department on Thursday followed on the heels of news on Wednesday that consumer inflation had barely budged last month.
PPI Inflation Rose in October
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last month and 2.4% in the 12 months through October, an uptick from the rate in September,
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department's measures of inflation, which most affect consumers.
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...