Inflation heated up for a fifth straight month in September as the headline figure for the Consumer Price Index rose to 3.0% year-over-year.
M/M vs. 0.4% consensus and +0.4% in August, according to data released by the Bureau of Labor Statistics on Friday. The report was delayed due to the government shutdown.
Inflation has been creeping higher from a postpandemic low of 2.3% earlier this year due in part to the highest U.S. tariffs in decades.
Look at headline CPI and PCE to understand broad direction. Then pay attention to components that matter most to your ...
Inflation rose to 3% in September, with coffee prices jumping 19%. The Federal Reserve is expected to cut rates next week as Social Security announces a 2.8% benefit increase.
See how the Social Security Administration's 2.8% COLA increase is calculated, what it adds to your check, and whether rising ...
The Federal Reserve might be set to cut interest rates next week, but it doesn't mean the September consumer-price index ...
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Consumers paid 1.7 per cent more in June than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry ...