also slowed to a 2.9 percent annual increase in July, down from 3 percent in June. The latest inflation reading comes as the Federal Reserve gears up for long-awaited interest rate cuts ahead of ...
Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department ...
The decline of a tenth of a percentage point in the consumer price index comes as most economists expected that annual inflation would remain at 3%, the same as the month before. Inflation is now ...
Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported ...
Inflation comes in below 3% in July, the lowest pace since early in 2021. Shelter costs contributed 90% of the monthly 0.2% increase in prices for the month. Consumer prices rose at an annual rate ...
Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data ...
The consumer price index (CPI) also slowed to a 2.9 percent annual increase in July, down from 3 percent in June, falling below 3 percent for the first time since March 2021. Consumer prices rose ...
Annual inflation in July was 2.9 percent - under 3 percent for the first time since March 2021, when prices increased due to impacts of the pandemic. The news means that the Federal Reserve could ...
The overall inflation rate fell to just 2.9% in July from the nearly 9% pace set in June 2022. It was the first time that the annual pace ... at least a quarter of a percentage point at their ...