High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...
By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...
Federal inflation data released Thursday showed prices rising at the fastest annual rate in three years, posing serious ...
The new CPI report showed inflation in May climbed to the highest rate in about three years.
Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
Inflation across the U.S. accelerated in May as the shock to global energy supplies from the Iran war continued to push prices higher. The Consumer Price Index rose at an annual rate of 4.2%, up from ...
A new government report dropped this morning, and the findings may change how you think about your spending—and your savings.
Inflation rose 4.2 percent in May, the highest since 2023, keeping prices above the Fed’s target and increasing the odds of a rate hike later this year.
WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first time in three ...
Prices have been rising in recent weeks, driven in large part by fuel costs surging from the ongoing Iran war.
Inflation surged 4.1% over the past year, hitting a three-year high and outpacing cumulative wage growth. The Commerce ...