May consumer prices rise but core prices tame
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Reports showing a moderate rise in a key U.S. inflation gauge and continued manufacturing gains helped fire investor optimism on Friday, despite signs consumers' spirits were dampened by higher gasoline prices.
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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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Rising food costs helped push prices up for a second straight month, more than offsetting a moderation in energy price increases as inflation showed signs of gaining steam.
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But a rise in vehicle and prescription drug prices pushed the rate of core producer inflation â excluding food and energy â up 0.2 percent for the month, a slight acceleration from July.
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Consumer prices rose by a slightly  bigger-than-expected 0.2 percent in June on higher food costs  and they were up by the same amount after stripping out  volatile food and energy prices, the Labor Department reported  on Wednesday.
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U.S. consumer prices inched up just 0.1 percent last month as gasoline and car prices tumbled, the government said on Thursday in a report suggesting an inflation spike earlier this year was an aberration.
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U.S. consumer prices rose a mild 0.2  percent last month, but a sharp jump in lodging costs pushed  core inflation unexpectedly ahead at its quickest pace in five  months, a government report showed on Tuesday.
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Core U.S. consumer prices rose by a  less-than-expected 0.1 percent in July, showing stable prices  that held the year-on-year rate of nonfood, nonenergy inflation  to 1.9 percent for the second month in a row, the Commerce  Department said on Friday.
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US consumer prices rose modestly in November as a surge in energy costs a month earlier moderated, the Labor Department said on Friday.
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US inflation rose more quickly than expected in May, as higher petrol costs hit consumer prices.
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Pushed by higher energy prices, US consumer prices rose in October, the Labor Department said today. The seasonally adjusted consumer price index rose 0.6 percent in October, the largest gain since May.
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U.S. consumer prices inched up just 0.1 percent last month as gasoline and car prices tumbled, the government said on Thursday in a report that suggested the Federal Reserve need not hurry to push interest rates higher.
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U.S. consumers are facing higher prices for appliances with retailers raising prices this month to offset rising raw material costs.
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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 - U.S. incomes and spending rose as expected in December, while core consumer prices gained less than anticipated, suggesting inflation is contained, a government report showed on Thursday.
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Surging energy costs drove U.S.  consumer prices up a hefty and larger-than-expected 0.6 percent  last month, the biggest jump since May, while housing starts  showed the most strength since December, government reports  showed on Wednesday.
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Core U.S. consumer prices rose 0.2   percent as expected in August, but the year-on-year rate of   nonfood, nonenergy inflation rose to 2.5 percent, the highest   level in more than eleven years, a Commerce Department report   showed on Friday.