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The "trimmed mean" measure of inflation — the Reserve Bank's preferred measure of underlying inflation — also declined.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the ...
Inflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...
Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET.
The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...