Consumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.
US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
U.S. consumer prices rose less than expected in the year to November, but households still faced affordability challenges as ...
Inflation, wages and credit: Are younger consumers winning in 2024? A young woman carefully selecting items to purchase in a grocery aisle. Since 2022, the costs consumers bear have risen ...
The July CPI was largely in line with expectations, supporting Wall Street’s bullish sentiment and pushing stocks toward all-time highs. Core and headline inflation remain above 2%, but real-time ...
The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...