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Retail inflation likely to dip below 2.8% in June, marking a 75-month low, with food prices easing, but no rate cut expected.
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Australian consumer price inflation slowed more than expected in May, while the closely watched core measure hit ...
Prices rose 2.3 percent in May compared with a year ago, up from just 2.1 percent in April, the Commerce Department said.
Incomes dropped after a one-time adjustment to Social Security benefits had boosted payments in March and April.
It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline inflation's two-year high of 4% in January. So-called "core-core" inflation ...
CPI data hints at rising inflation, with core CPI expected at 3%. See how tariffs, stagflation, and market trends impact the economy.
U.S. consumer spending unexpectedly declined in May, driven by the fading impact of pre-emptive purchases made in anticipation of tariffs. Inflation remained moderate, with the PCE Price Index ...
Predictions from mainstream economists were dire after President Donald Trump launched his tariff campaign just a couple weeks after he began his second term in office: Prices would rise — sharply — ...
Euro zone inflation hit 2% in June, aligning with ECB’s target. Services rose to 3.3%, with oil and US trade risks lingering.
Food prices rose at their fastest pace in more than a year, official figures show, as grocers were suspected to have passed on the cost of Rachel Reeves’s tax raid to consumers. The rate of food price ...
Fed policymakers consider core to be a better measure of long-term trends because of historic volatility in the two categories. The annual rate was 0.1 percentage point ahead of the April reading.
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