May consumer prices rise but core prices tame
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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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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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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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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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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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Rising food costs helped push consumer prices up for a second straight month in January by 0.4 percent, more than offsetting a moderation in energy price rises as inflation showed signs of gaining steam, according to a Labor Department report on Wednesday.
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A key gauge of core U.S. consumer  prices rose a moderate 0.2 percent last month, but  inflation-adjusted spending advanced just 0.1 percent as energy  prices pressured shoppers, a government report showed on  Friday.
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U.S. consumer prices rose more than expected in January despite a dip in energy prices, as medical costs jumped, according to a Labor Department report on Wednesday that revived worries of inflation.
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NEW YORK, September 16 (New Ratings) - The US consumer prices increased only modestly last month, indicating no immediate inflation risks to the macroeconomic trends.
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The U.S. 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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WASHINGTON -- Consumers boosted their spending in May as their incomes grew solidly, an encouraging sign that high gasoline prices haven't killed people's appetite to buy. Inflation moderated.
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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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Surging energy costs drove US consumer prices up by a hefty and larger-than-expected 0.6 percent last month, the biggest jump since May, a government report showed on Wednesday.
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US 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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Consumer prices rose faster than most workers' wages last year, as surging energy prices pushed inflation to the highest level in four years, the Labor Department said yesterday.
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Surging food prices boosted China's annual consumer price inflation in May to a 27-month high, extending a rising trend and reinforcing expectations that interest rates will rise further.
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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.