Consumer Prices Again Post a Big Gain
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The Consumer Price Index posted a higher-than-expected gain of 0.4 percent in January, and construction of new homes and apartments rose by 0.8 percent in the month, the government reported.
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Consumer prices, stoked by more expensive gasoline and pricier fruits and vegetables, heated up in October, rising by 0.6 percent, the biggest gain in five months.
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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 -- Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside of those two areas.
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Led by higher gasoline prices, consumer inflation shot up in November by the largest amount in more than two years.
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Prices paid to US producers rose 1.7 percent last month, the biggest jump in 14 years, as higher energy and food costs suggested that inflation is picking up with economic demand.
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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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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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WASHINGTON -- 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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US consumer prices rose more in September than a month earlier, reflecting higher costs for services such as hotel stays and medical care, a government report showed.
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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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Wholesale prices shot up 1.7% last month, biggest gain in nearly 15 years and well above expectations, as energy costs skyrocketed and food prices surged, a government report said Tuesday.
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which jumped steeply the previous month - increased only modestly, official figures showed yesterday. Inflation
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WASHINGTON -- Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday.
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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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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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Inflation grew in November at its fastest pace in two years, as sky-high oil prices pushed up the costs of other products, while consumer purchases rose a bigger-than-expected 1.1 percent.