On a month-over-month basis, the CPI rose 0.2%, lighter than the 0.3% pace forecast by economists. Housing costs were a major driver of inflation last month, the Bureau of Labor Statistics said.

Grocery prices rose 0.3%, easing after an outsized 0.5% increase in November. Last month, the cost of eggs leaped by 3.2% following an 8.2% rise the previous month amid a two-year bird flu outbreak.

News Brief Thursday, December 12, 2024 — 10:29 am Higher education inflation index rose 3.4% Costs for colleges and universities rose 3.4% last year, according to an index designed for higher ...

The latest consumer price index report, released at 8:30 a.m. today, showed the annual rate of inflation rose by 3.1% in January from 3.4% in December.

The Consumer Price Index rose 3.2% for the year through July, up from June’s 3% annual increase, according to data released Thursday by the Bureau of Labor Statistics.

Jobs report shows solid labor market: "Steady path toward soft landing" Inflation rose by an annual rate of 3.2% in July, reflecting the first increase after 12 consecutive months of cooling prices.

The Consumer Price Index rose 3.2% in July versus a year earlier, according to data — slightly lower than what economists expected. Shelter was by far the largest contributor to the rise.

The Consumer Price Index rose 3% in June — the smallest advance since March 2021, which can be attributed most to lower prices at the gas pump. Jeffrey Greenberg/Universal Images Group via Getty ...