Inflation surges to its highest since 1990
Consumer prices were 6.2% higher in October than a year ago as inflation continues to chip away at the buying power of households across the country.
consumer price index
Cargo traffic jams affect glass bottles too. Your pantry staples could cost more
Makers of everything from pasta sauce to vinegar say it's getting harder to find glass bottles for their products, and it's leading to higher prices.
Inflation Is Still High. Used Car Prices Could Help Explain What Happens Next
A surge in prices of used cars was a major driver of inflation again in June, but there are some signs those price hikes may be shifting into reverse.
Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why
The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.
No, You Are Not Imagining It. Prices For A Lot Of Things Did Jump In April
Prices for a range of goods from used cars to bacon surged last month, pushing consumer inflation to 4.2% in April, the highest since September 2008.
Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate
Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.
More Groceries, Less Gas: The Pandemic Is Shaking Up The Cost Of Living
Consumer prices rose 0.4% in August and 1.3% over the last 12 months. Some economists say that official measure understates inflation, because the pandemic has changed both what and how we buy.
Grocery Prices Have Been Falling. Did You Notice?
For 19 months in a row, food prices in America's supermarkets fell compared to a year earlier. This is good news for shoppers but has weighed on the grocery industry and the people who grow our food.
Higher Wages, Lower Prices Give Consumers A Break
Something very unusual is happening in the U.S. economy. Traditionally, workers lose buying power to rising prices. But lately, paychecks and prices have been heading in opposite directions.
Wages And Prices: A Welcome Breakup
A Commerce Department report shows paychecks are fatter, prices are leaner and Americans are saving more. Meanwhile, prices fell by 0.5 percent. That's helping consumers on the rebound from recession.