Consumer prices decline, but inflation threat rises
By Xiumei Dong Consumer prices eased in February as gasoline prices continued to fall, but prices for non-energy items maintained their upward trend, offering further evidence that inflation remains a threat. The consumer price index, which measures what Americans pay for everything from cereal to car insurance, declined 0.2 percent in February on a seasonally […]
Core consumer prices on the rise in January
By Sarah Very While easing energy costs kept consumer prices in check last month, inflation rates for goods other than food and energy moved higher in January – raising questions as to how the Federal Reserve will respond. The Bureau of Labor statistics said Friday that the Consumer Price Index remained unchanged in January on […]
Consumer price index dips in December, thanks to falling oil prices
By H. Will Racke Consumer prices declined by 0.1 percent in December, held down by lower food prices and a sharp decline in energy costs. The seasonally-adjusted overall inflation rate was dampened by sagging commodity prices and a saturated global oil market, which caused the food and energy categories to sink by 0.2 and 2.4 […]
