Consumers strained by rising prices
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Shoppers faced moderate price rises in December but that capped a year in which prices soared at the sharpest rate in 17 years, pressuring households also dealing with a steep housing downturn and tighter credit.
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Oil prices above $50 a barrel â-nd rising â - now starting to adversely affect the economy and consumers in ways that had not been happening only a few months ago.
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Consumer prices rose the most in more than two years in November as energy costs surged and a host of other prices marched higher, damping prospects of further interest-rate cuts from the Federal Reserve.
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Consumers are feeling the pinch after five interest rate rises in less than a year, with a slowdown in the rampant housing market, ebbing consumer morale and a drop in retail sales, data show.
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Holiday shoppers were not spending as freely as expected, causing worry for many economists and investors.
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Business & money: Motorists set to face higher prices at petrol pumps after cost of oil surges above $79 a barrel.
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Description: NPR&#39;s Alex Chadwick talks to Tess Vigeland of Marketplace about the jump in wholesale prices that has fueled inflation worries.
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Grocery shoppers probably have noticed that food and beverage prices are higher in general this year and up sharply for some products. You can blame corn.
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Electronics makers considering the  strain on the U.S. economy are hoping consumers will cut other  expenses first, but many see some worrying signs ahead.
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A big jump in energy costs sharply  pushed up prices that U.S. manufacturers and wholesalers paid  for goods last month, but outside of energy the inflation  picture looked tame.
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Consumers may be making less shopping   trips in the face of higher gasoline prices, but when they get   to the store they're spending more, as they load up their carts   each time they shop, industry executives said this week.
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Wholesale inflation rose last month at the fastest pace in more than 14 years, largely because of steep jumps in energy and food costs, the government reported yesterday, raising concerns that businesses may be under growing pressure to raise consumer prices.
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After years of relative calm on the inflation front, Americans are being battered by &#36;2-a-gallon gasoline, rising food prices and higher medical bills. And there are fears that price pressures could worsen in 2005.
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High gasoline and food prices, the slumping housing market, tighter credit and tougher job prospects pushed some consumers to the edge.
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Homeowners have had to cut spending on holidays and other luxuries because of the rise in interest rates., research suggests.
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Consumer group complains of higher prices in U.K. than elsewhere in Europe.
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Sellers worry that their costs will rise and they will have less protection against malicious buyers.