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Annual food inflation is 'fairly tame' Food inflation over the past year has also been "fairly tame," House said. Grocery prices are up 1.3% since September 2023, according to the CPI.
Economists predicted that inflation would start to increase in the second half of the year, but an increase of 0.5% is a bit ...
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
Over the past five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has jumped by more than 50%, reflecting strong demand and limited housing supply.
A gauge of underlying inflation in July showed prices increasing at the fastest annual pace in five months, a sign that businesses are passing along tariff-related costs to customers.
This period, the second-worst drop of the past 150 years, ultimately included a stock market loss of 54%. Inflation, Vietnam, and Watergate, which began in early 1973 and ultimately led to a stock ...
Our long-term analysis of the Queensland cattle market, adjusted for inflation, has identified that the July average of the ...
The headline figure for the Consumer Price Index was at 2.7% year-over-year, up from 2.4% in May and higher than the expected 2.6% growth. In June, prices accelerated from 2.35% in May to 2.67% ...
Still, for the past six months, core inflation has declined to a 2.3% annual rate, down from 2.5% in August. And economists expect the Fed to cut its key rate by a quarter-point when it meets next ...
Food inflation over the past year has also been "fairly tame," House said. Grocery prices are up 1.3% since September 2023, according to the CPI.
Over the past few years, Americans have felt the sting of rising grocery bills. While there are many factors behind food inflation, the Democratic Party tried to pin the blame squarely on the ...