Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Grocery price hikes canceled out price drops in February, the CPI shows. But since 2020, the overall cost of food is up 24%.
WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely ...
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the ...
Rent and mortgage payments are the biggest items in most household budgets, so slower increases in those categories could ease inflation's sting. Two housing cost indicators in the Consumer Price ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car ...
Global media inflation—the rising cost of advertising across the world—is expected to be slightly lower in 2024 compared with 2023, according to recent research from ECI Media Management. The report ...
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