US Economy: Consumer Prices, Industrial Production Rise
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US consumer prices rose in October, spurred by energy and food costs, and industrial production and housing starts surged, suggesting the Federal Reserve may keep raising its benchmark interest rate.
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Soaring energy costs and a surge in food prices contributed to a 1.7 percent rise in U.S. producer prices, the biggest gain in almost 15 years.
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U.S. producer prices shot up 1.7 percent last month, the biggest gain in nearly 15 years and well above expectations, as energy costs skyrocketed and food prices surged, a government report showed on Tuesday.
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US consumer prices rose by 0.2% last month, a US government report showed this afternoon, but the core inflation rate rose at its fastest pace in five months.
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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. 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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Increased spending by consumers and business helps US economic growth rise at a higher-than-predicted rate in the July to September period.
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Increased spending by consumers and business helped US economic growth rise at a higher-than-predicted rate in the July to September period.
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U.S. producer prices posted their largest gain in more than three decades last month as energy and vehicles prices jumped, while home building rebounded from a six-year low.
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The outlook for the US economy in 2007 has picked up, a survey indicates, thanks to robust consumer spending.
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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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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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The United States is showing signs of faster economic growth, according to reports released on Monday on the Midwest and New York City economies and U.S. personal income.
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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 government report on Wednesday that led financial markets to trim bets of interest rate cuts.
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US producer prices - a measure of wholesale inflation - rose by a faster than expected 0.5% in November, seasonally adjusted Labor Department figures showed this afternoon.
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US producer prices climbed an unexpectedly steep 0.5 percent last month as energy costs mounted, according to a government report on Friday that buttressed the case for interest-rate rises to keep inflation at bay.
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WASHINGTON - US producer prices, a measure of inflation at the wholesale level, rose by a faster-than-expected 0.5% in November, seasonally adjusted Labor Department data showed.