Pace of inflation held steady
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U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound,
Brazil’s inflation slowed markedly in June as high interest rates and weak growth provided a long-awaited drag on consumer prices. Mexican Consumer Prices Gain Less Than Expected in June Mexican consumer prices rose less than expected in June, leaving ...
The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in September and consumer spending waned after a summer splurge.
Getting your Trinity Audio player ready... Metro Denver’s rate of consumer inflation last month returned to levels seen earlier in the year, reversing an unexpected spike in September, according to a bi-monthly update from the U.S. Bureau of Labor ...
Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal consumption expenditures inflation rose 2.7% in August over ...
Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high as 3% in September. The slightly lower rate for ...
The headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to match their higher expenses to their income levels.