Energy leads consumer price drop
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WASHINGTON - Consumer prices posted a rare decline in August while the battered housing industry saw construction fall to the slowest pace in 12 years.
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U.S. producer prices dropped unexpectedly last month as energy price gains eased and the cost of food and vehicles fell, according to a government report on Friday that showed inflation pressures fading.
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NEW YORK, August 17 (New Ratings)  The US consumer prices declined for the first time in the past eight months in July this year, driven by the reduced gasoline, clothing and transportation costs during the month.
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Consumer inflation dipped unexpectedly last month thanks to falling gasoline prices while new home construction hit a 12-year low as the housing slump continued to dim the outlook for growth.
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U.S. producer prices dropped  unexpectedly last month as energy price gains eased and the  cost of food and vehicles fell, according to a government  report on Friday that showed inflation pressures fading.
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Oil dropped more than $2 a barrel on Friday, joining a slump across the commodities markets amid concern higher interest rates could slow economic growth and cool demand.
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Producer prices fell by a much larger-than-expected 1.4 percent in August as energy prices slumped, government data showed on Tuesday, in good news for the Federal Reserve as it weighs an interest rate cut.
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WASHINGTON (CBS.MW) -- Consumer sentiment fell back in late November, despite declining energy prices and an improving job market.
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NEW YORK - Disappointing retail sales and oil prices that threatened to top $53 per barrel sent stocks lower Thursday as investors worried that rising energy costs could further hamper consumer spending.    Investors saw the slow retail sales in September as a sign of continued lack of consumer confidence; high gas prices and worries about jobs left sales sluggish in what is usually a robust month for shoppers...
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Stocks fell in light trading Monday on rising energy prices and a disappointing consumer income report.
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Disappointing retail sales and oil prices that threatened to top $53 per barrel sent stocks lower Thursday as investors worried that rising energy costs could further hamper consumer spending.
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A drop in energy costs pulled U.S.  consumer prices down last month, but core inflation moved up  modestly and housing starts surged, according to data on  Wednesday that bolstered expectations for a steady diet of  interest-rate rises.
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US inflation fell slightly in August, dipping by 0.1% after a sharp drop in energy prices, figures show.
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Consumer prices unexpectedly dipped 0.1 percent last month and new home construction hit a 12-year low, data on Wednesday showed, underlining concerns about the country's economic outlook.
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A sharp drop in energy prices pulled U.S. consumer prices down 0.1 percent last month, but underlying inflation continued a steady advance, according to a government report on Wednesday that could bolster expectations for a steady diet of interest-rate rises.
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Consumer prices, which have been buffeted this year by soaring energy costs, fell by 0.1 percent in July as gasoline costs posted their biggest decline in eight months, the government reported Tuesday.
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Consumer prices fell 0.1 percent as energy costs fell, keeping pace with the yearâs slowdown in inflation and offering some comfort to Fed officials after yesterdayâs half-point rate cut.