Key inflation gauge benign in May
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The personal consumption expenditures price index, excluding food and energy, advanced by 1.9 percent in May from a year earlier, according to a government report on Friday that is likely to give the Federal Reserve some assurance it is making progress in its effort to curb inflation.
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Consumer prices barely budged in August, suggesting that inflation isn&#39;t currently a problem for the economy and Federal Reserve policy-makers can stick with a gradual approach to raising interest rates.
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The Federal Reserve is expected to  nod to signs of easing inflation when policy-makers meet next  week, but with signs U.S. economic growth is reviving,  inflation looks set to remain its main concern.
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The Federal Reserve at its May 9  meeting believed that inflation was still the main worry, and  felt that risks the U.S. economy would decelerate abruptly had  diminished, minutes released on Wednesday show.
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Core U.S. inflation rose less than   expected in July, but the year-over-year pace remained   elevated, according to a government report on Thursday that the   inflation-wary Federal Reserve will examine.
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US inflation rose more quickly than expected in May, as higher petrol costs hit consumer prices.
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Wholesale inflation posted a better-than-expected reading in June as both food and energy costs retreated.
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A steady rise in food and energy costs pushed overall U.S. consumer prices up 0.7 percent in May, the sharpest rise in 1-1/2 years, a government report showed on Friday.
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Inflation remained tepid last month, easing some concerns that have jolted stock and bond markets in recent sessions.
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German inflation looks set to remain steady or pick up only moderately this month as lower oil prices take the sting out a sharp increase in value-added or sales tax (VAT), regional consumer price data showed on Tuesday.
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BusinessWeek Online - Economic reports released June 13 should turn up the heat for the remarkably bearish bond market -- and for the Federal Reserve. The day&#39;s economic releases included reports showing surprising headline strength in U.S. May retail sales, alongside a troublesome rise in import prices. Adding insult to injury, the MBA purchase index posted a robust 7.2% surge for the first full week of June.
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U.S. consumer prices and costs   excluding food and energy both rose a modest 0.2 percent last   month, the government said on Friday in a report that could   reassure the Federal Reserve that inflation pressures are   easing.
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Wholesale prices in the US surges ahead in May, up 0.9%, adding to concerns over continuing inflation risks
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Key inflation measure in line with Wall Street forecasts; ex food and energy also tame. NEW YORK (CNN/Money) - Prices paid by consumers in November showed a modest increase, the government said Friday, coming
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WASHINGTON -- The government&#39;s latest Consumer Price Index -- the government&#39;s most closely watched inflation gauge -- shows little, if any, sign of inflation.
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WASHINGTON -- Consumer prices shot up at the fastest pace in 20 months in May, fueled by a surge in gas prices, although inflation pressures were moderate in most other areas.
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The economy slowed last month and   inflation remained in check, according to data released on   Friday, providing further support for the Federal Reserve to   hold interest rates steady when it meets next week.