Consumer prices edge higher; housing starts sink
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Consumer prices rose an as-expected 0.2% last month, a government report showed Tuesday, but a sharp jump in lodging costs helped push so-called core inflation up at its fastest pace in five months.
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WASHINGTON - Consumer prices rose by a modest 0.2 percent in September as a decline in prices for new cars and airline fares helped to temper a rise in costs for medical care, gasoline and fuel oil.    The rise in the Consumer Prices Index, the government's most closely watched inflation barometer, came after prices edged up by 0.1 percent in August, the Labor Department reported Tuesday...
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U.S. consumers still face sharply  higher home heating bills this winter, but prices will be  somewhat lower than earlier feared due to milder weather and  easing prices, the government said on Tuesday.
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Core U.S. consumer prices rose a  less-than-expected 0.1 percent in July, but the year-on-year  rate of nonfood, nonenergy inflation remained at 2.4 percent,  the highest level since September 2002, a Commerce Department  report showed on Thursday.
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Prices of single-family homes across the nation rose in November at the slowest rate in more than a decade, a housing index released yesterday by Standard &amp; Poor's showed, countering other evidence the housing slowdown may be nearing an end.
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Consumer prices rose modestly in  December while industrial production was flat, leaving the door  open for the Federal Reserve to slash interest rates later this  month to shore up an economy that some fear is on the verge of  a recession.
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Interest rates on U.S. 30-year and  15-year mortgages edged higher this week amid signs the economy  is improving, stoking inflation concerns, mortgage finance  company Freddie Mac said on Thursday.
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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.
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Bond prices edged higher Tuesday, following release of a report showing a dip in retail sales last month. The price of the benchmark 10-year Treasury note rose 5/32 point, or $1.
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Core U.S. consumer prices rose a  moderate 0.2 percent last month, as expected, but  inflation-adjusted spending advanced just 0.1 percent as high  energy prices ate into disposable income, a government report  showed on Friday.
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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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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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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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Soaring U.S. home values in the first five years of this decade have left homeowners feeling flush, but housings costs also have risen sharply, cutting into stagnant incomes, Census Bureau data show.
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Higher-than-expected U.S. consumer prices last month chilled hopes that the Federal Reserve will drop a policy bias to hike interest rates and served a terse reminder that inflation remains a threat.
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Rising energy costs drove up US consumer prices a larger-than-expected 0.6 percent in October, while industrial output and housing starts rebounded strongly from the prior month.
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Interest rates on U.S. 30-year and 15-year mortgages edged higher this week amid signs the economy is improving, stoking inflation concerns, mortgage finance company Freddie Mac said on Thursday.