June CPI up 0.2 pct, core up 0.2 pct
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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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WASHINGTON: US consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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Consumer prices rose 0.2 percent in November following a 0.6 percent gain in October, according to data released Friday by the US Department of Labor&#39;s Bureau of Labor Statistics.
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Mainland inflation eased in November as food prices slowed their climb. The consumer price index (CPI) rose 2.8 per cent from November 2003, the smallest year-on-year increase since February&#39;s 2.1 per cent, the National Bureau of Statistics said.
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U.S. consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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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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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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British house price inflation remained in double-digits in June and prices in the service sector accelerated, according to two separate surveys on Wednesday that reinforced expectations interest rates would go up this week.
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The price of gas inched up just over 2 cents a gallon around the nation in the past two weeks.
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The 0.2pc increase was slightly faster than expected. Economists had predicted the LEI would rise 0.1pc in the month. &quot;Although the LEI has declined for nearly half the year, the declines were relatively modest
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Consumer inflation surged by the largest amount in more than two years in November, led by gasoline prices. The cost of clothing, airline tickets and prescription drugs also jumped.
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The government&#39;s most closely watched inflation measure, the Consumer Price Index, increased 0.2 percent in September, up from a 0.1 percent rise in August, the Labor Department reported Tuesday.
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Rising energy prices pushed wholesale prices up in May, but the measure of core producer prices registered a small increase, suggesting that high gasoline prices are not affecting the cost of other goods.
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A rebound of core producer prices in  June despite a temporary reduction of energy costs according to  a Labor Department report on Tuesday reinforced investors  expectations for the Federal Reserve to hold interest rates  unchanged to guard against inflation.
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U.S. consumer prices rose an  as-expected 0.2 percent last month, a government report showed  on 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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which jumped steeply the previous month - increased only modestly, official figures showed yesterday. Inflation
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Wholesale inflation posted a better-than-expected reading in June as both food and energy costs retreated.