The Consumer Price Index (CPI) regularly measures the change in the prices paid by consumers in the U.S. for a representative basket of goods and services.
According to the Cleveland Federal Reserve's Inflation Nowcasting model, May's core PCE, or Personal Consumption Expenditures ...
The Bureau of Labor Statistics released the March consumer price index report earlier Friday. Here are the numbers at a glance: Overall YoY: +3.3%, higher than February's rate of +2.4%. Overall MoM: ...
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
As mentioned, the annual COLA is based on price inflation from the prior year. Specifically, the Social Security ...
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.
Australia’s consumer prices jumped in the first quarter, hitting the highest level since September 2023, as the impact of the energy shock fed into the data. New Zealand’s inflation rate came in ...