Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% ...

U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.

April inflation data is widely expected to show it has risen to a nearly 3-year high when the Consumer Price Index is ...

Hot consumer prices and a wholesale inflation print at a three-year high have set up an uncomfortable handoff at the central ...

Tomato prices were up nearly 40% year over year in April, the quickest rate of inflation among the food-at-home categories ...

Inflation hit a nearly three-year high in April. Prices for the goods Americans buy most are still going up, while consumer ...

Inflation rose 3.8% over 12 months in April, the highest since May 2023 and in line with forecasts. The Iran war has spiked gasoline prices, pushing up the overall inflation rate. "Core" inflation ...

Even though inflation is hot, the mechanism is demand destruction: higher gasoline/food costs squeeze consumers, slowing ...

Inflation rose five-tenths of a percentage point to 3.8% for the year ending in April, the Bureau of Labor Statistics ...

The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.

The new CPI report showed inflation in April surged to the highest rate since 2023.

Economists expect the annual pace of inflation topped three per cent for the first time since 2023 in April as Statistics ...