April 16, 2013 |
WASHINGTON - U.S. consumer prices slid in March after spiking in the prior month as gasoline prices fell back - the latest indication that inflation remains subdued despite the Federal Reserve's continued action to pump billions of dollars into the financial system. The consumer price index, seasonally adjusted, sank 0.2% last month from February, the Bureau of Labor Statistics said Tuesday. The drop was bigger than some analysts expected and followed an unusually steep monthly increase of 0.7% in February.
December 16, 2011 |
The prices paid by consumers for a variety of goods and services were unchanged in November, mainly because of declining energy costs, government data showed Friday. The Labor Department said the consumer price index was flat last month, matching the forecast of economists surveyed by MarketWatch. After spiking earlier this year, overall inflation has begun to moderate in conjunction with declining prices of key commodities, such as oil, that play a significant role in the cost of consumer goods and services.
May 15, 2012 |
WASHINGTON -- Add slowing retail sales to the story of the payback for the warm winter weather. The Commerce Department said Tuesday that retail spending in April rose a tiny 0.1% from the prior month, seasonally adjusted. Details of the report made clear that the unusually mild winter had pulled some spending forward -- resulting in a spring correction, as was also seen in job growth last month. A separate government report Tuesday showed consumer prices, after three straight months of increases, were unchanged in April, thanks to lower fuel costs.
February 18, 2011 |
Forget deflation. U.S. consumer prices jumped in January for the second month in a row, and it wasn't just soaring costs for gasoline and food. Americans are beginning to pay more for clothes, rent and travel, new data released Thursday showed. Rising prices are not welcomed by consumers, but they're acceptable for Washington policymakers, up to a point, anyway. That's because higher inflation lowers the government's real cost of paying the huge interest charges on the national debt.
July 16, 2010 |
The prices that U.S. consumers pay for goods and services fell slightly in June, mainly because of lower gasoline costs, the government reported Friday. The consumer-price index dropped a seasonally adjusted 0.1%, the third straight monthly decline, according to Labor Department data. The closely followed core prices, seen as a better gauge of inflationary trends, rose 0.2% for the biggest gain since October 2009. Yet core inflation, which excludes particularly volatile food and energy prices, is still very low. Economists surveyed by MarketWatch had predicted a flat reading in overall consumer prices and a 0.1% increase in the core rate.
April 14, 2012 |
WASHINGTON — The cost of living rose again in March even as the price of gasoline leveled off, the U.S. government reported Friday. The consumer price index climbed 0.3% last month as the cost of most goods and services rose, the Labor Department said. The increase outstripped the rise in wages. Economists surveyed by MarketWatch expected a 0.2% increase in the cost of living. Prices rose for a wide variety of goods. Energy costs, for example, climbed 0.9% last month, though that was far smaller than February's 3.2% increase as gas prices eased.