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Inflation rate rose by 2.7% in July, CPI report shows
Food prices rose 2.7% on an annual basis last month, the same as the overall inflation rate. Items that have seen big cost increases since last July include eggs, which are up 16.4%; roasted coffee, up more than 14.8%; and ground beef, which is up 11.5%.
Despite a gradual inflation uptrend, the data aligns with Fed projections, keeping a September rate cut in play as the most ...
A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...
Data shows inflation held fairly steady in July, defying fears of a sharp tariff-driven spike in prices and good news for ...
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
The July index for bread was 241.2, up 0.4% from June and up 1.3% from a year ago. Under this heading, the CPI for white ...
Trump's pick to lead the Bureau of Labor Statistics, E.J. Antoni, has suggested pausing the monthly jobs report, raising ...
The Consumer Price Index, which measures inflation, rose 2.7% on an annual basis in July, slightly cooler than forecasted.
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CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming
Wall Street economists are expecting inflation to reaccelerate because of tariffs. Of course, a consensus view does not mean ...
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CPI shows Honolulu is tip toeing through inflation
While some cities in the United States continue to battle rising prices, Hawaiʻi's own Honolulu stands out for keeping ...
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs ...
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