Consumer Price Index

Billionaire Supermarket Owner Warns: Food Prices Will Go Up ‘Tremendously’

The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months.

Inflation surges as prices spike 5.3 percent, settling at high pace

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Survey of small businesses finds optimism falling as Democrats push for tax hikes

Optimism among small business owners has plummeted as Democrats race to raise taxes amid rising inflation, according to a new poll by a right-leaning...

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

Thanks To Inflation, American Wages Drop By Nearly 2%

According to federal data, the average American’s wage is on the decline due to inflation.

Annual Inflation Soars to 5 Percent In Biggest Jump Since 2008

Inflation took a fresh swipe at American consumers in May, with the consumer price index surging by 5 percent over the past year, the biggest annual spike in the measure since 2008.

Biden’s Economy: Inflation Hits Highest Levels Since Great Recession, Soars Past Economists’ Expectations

The Consumer Price Index (CPI), which measures overall inflation of the U.S. dollar, rose 0.8% in April, capping off the largest 12-month jump in prices since the period ending September 2008 after the beginning of the Great Recession.

US consumer prices surge 4.2 percent in April, biggest jump since 2008

Inflation rose at its fastest pace in more than 12 years for April as businesses reopened and the pandemic eased, the feds said Wednesday.

Annual Inflation Surges to 4.2 Percent, Highest in 13 Years

U.S. consumer prices have soared above economists’ predictions and by the most in more than a decade, as fiscal stimulus and booming demand pushed against supply constraints, potentially fueling market fears of a prolonged bout of higher inflation.

Bidenomics: Inflation rises 4.2%, fastest pace since 2008

The Labor Department reported Wednesday that the Consumer Price Index, a measure of prices paid for goods and services, including housing and energy costs, rose 4.2% from where it was a year ago. Economists had predicted only a 3.6% increase. Inflation rose by 0.8% in April vs. the expected 0.2% increase.

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