U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise ...
Inflation rose as expected last month, as the lingering impact of the yearslong above-trend price increases continues to weigh on the minds of Americans. Annual inflation is far closer to the ...
Inflation heated back up again in November, but it likely wasn’t bad enough to keep the Federal Reserve from cutting rates ...
groceries and rent cost — rose 0.2% in October from the prior month and was up 2.6% from a year ago. Economists polled by LSEG predicted that inflation would come in at 0.2% in October while ...
The Producer Price Index (PPI) for final demand in the US rose 3% on a yearly basis in November, the data published by the US ...
Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to ...
Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0.1% gain ...
but it's higher than the inflation rate for September, 2.4%. Shelter prices rose 0.4% in October, accounting for more than half of the rise in prices overall, the Bureau of Labor Statistics ...
Inflation picked up in November, a sign that the path to bringing down price pressures remains bumpy.