The "trimmed mean" measure of inflation — the Reserve Bank's preferred measure of underlying inflation — also declined.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...

Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...

Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET.

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...

That was short of the 3.1% increase economists expected and is the smallest advance since March 2021. The number was also lower than May’s 4% increase. Last June, inflation had peaked at 9.1%.

Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...

Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...

While that's down from the record high of $5.01 set in mid-June, it's a big jump from just one year ago, when the average cost was around $3.14. Until this year, prices had not topped $4 a gallon ...

Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET Tuesday.