Why experts say inflation is relatively low but voters feel differently
Grocery prices are a key component of any household budget, and rising food prices can sour the electorate's mood.
consumer price index
Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere
Inflation cooled slightly in May, thanks in part to falling gas and egg prices. But the overall cost of living is still climbing faster than the Federal Reserve would like.
Inflation eased in March but prices are still climbing too fast to get comfortable
Consumer prices in March were up 5% from a year ago. While inflation has eased from a four-decade high last summer, prices are still rising faster than the Federal Reserve would like.
Inflation is easing, even if it may not feel that way
Annual inflation continued to ease, cooling to 6.5% in December, but prices are still climbing at a rapid rate, meaning people have to work longer and harder to keep the same standard of living.
Rising prices are on the menu for Thanksgiving, with inflation currently at 7.7%
With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.
Soaring electricity bills are the latest inflation flashpoint
Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.
No retreat in the summer heat. Inflation blistering at 9.1% in June
Inflation hit a new, four-decade high of 9.1% last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.
Inflation soars to an over 40-year high. These are the ways Americans are coping
Consumers are watching their pennies at the gas station and grocery store as consumer prices surged 8.6% in May, pushing the annual inflation rate to its highest in over 40 years.
How soaring inflation forces stark choices
Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities.
Inflation is red hot, soaring to 6.8% in November, the highest in nearly four decades
Businesses across the country, from restaurants to retail, must decide when, not if, to raises prices and by how much.