News

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...
In recent months, critics of President Donald Trump’s tariff campaign have braced for an unwelcome rise in the inflation rate. That moment may have arrived. Prices rose 2.7%in the 12 months through ...
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
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.
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its ...
When the Federal Reserve held interest rates steady this week, officials said they want to see more progress on inflation ...
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor Department said, missing forecasts for a 0.2% rise. The index rose by a revised ...
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%.
The "trimmed mean" measure of inflation — the Reserve Bank's preferred measure of underlying inflation — also declined.
Inflation in the used-car market may also be boosting demand for rental cars: In June, the average price of a rental car or truck was 87.7 percent higher than it was one year ago.