Inflation Nation: Consumer Prices Surged Much Higher Than Expected in June
The monthly inflation figure was nearly twice as high as expected.
The monthly inflation figure was nearly twice as high as expected.
The Consumer Price Index climbed 4.2 percent annually in April. Compared with March, prices rose 0.8 percent.
Prices for dresses and suits are down by 16.8 percent.
The Consumer Price Index rose 0.4 percent compared with January, in line with expectations. Compared with a year ago, prices were up 1.7 percent, also in line with the forecast by economists.
After months of falling prices and depressed demand, prices in many apparel categories rose for the second consecutive month in December.
The price of men’s suits have fallen by more than 20% compared with a year ago.
Despite a record-high federal budget deficit and unprecedented levels of liquidity provided by the Federal Reserve, inflation is dead.
A huge surge of demand for used cars is being fueled by the changes wrought to American life by the pandemic.
U.S. consumer goods prices moved up a bit in September but overall inflationary pressures weakened.
Broad gains in prices suggest the economy is still healing.
A big jump after months of the federal government’s massive fiscal response to the coronavirus pandemic.
The Consumer Price Index showed that prices for many goods and services ticked up a bit in June but no sign of rising inflationary pressure.
Beef prices jumped 69 percent in May, according to the Producer Price Index.
Consumer prices fell in May, thanks to big declines in the prices of gasoline, clothing, and car insurance. But prices in groceries jumped higher for the second straight month.
Prices plummeted in April as the lockdowns left many Americans without jobs and sheltering at home.
Core inflation fell for the first time in ten years as the coronavirus took hold of the U.S. economy.
Defying widespread predictions that higher tariffs on Chinese televisions would push up prices, prices keep falling.
As it turns out, Breitbart has been right all along. Tariffs did not squeeze American consumers.
Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
Tariffs weren’t the Grinch who stole Christmas after all. Prices of phones, computers, televisions, and toys are down while wages are up.
The prices of cars, trucks, computers, phones, televisions, and beer have fallen, disproving the tariff-led inflation hysteria.
The Consumer Price Index was flat for September, vindicating Trump’s claim that there is no inflation in the U.S. economy.
New data from the Consumer Price Index once again demonstrate that tariffs are not raising prices for consumers.
Consumer price inflation remains very low, defying predictions that tariffs on metals and Chinese goods would squeeze U.S. families.
Tariffs have not pushed up consumer prices. The consumer price index ticked up just 0.1 percent in June, the Department of Labor said Thursday. Compared with a year ago, prices rose just 1.6 percent, a deceleration of price gains from
The data defy the dire predictions of experts who forecast consumers would foot the bill for tariffs.
Prices of cars, trucks, and soup are up by less than 1 percent compard with a year ago. TV prices have fallen by 19.3 percent
Excluding food and energy, inflation was at its tamest since February of 2018. Economists had expected higher prices.
Who pays for tariffs? A year after Trump announced tariffs on steel and aluminum, there’s no sign of tariff induced-inflation.
Still no signs that the price level of consumer goods is rising due to a rising budget deficit or tariffs on imported goods.
Consumer prices once again demonstrate that American households are not being squeezed by tariffs on metals and China imports
Inflation is running well below expectations with U.S. consumer prices unchanged in January, the third consecutive month of flat prices.
Consumer prices on many items subject to tariffs actually fell in December, defying predictions that the trade war would weigh on American consumers.
Inflation is still very tame and even seems to be slowing down.
They keep saying tariffs are taxes on American consumers and forcing prices higher. And every month inflation data shows that is not true.
The latest data from the Labor Department shows that the prices of many things subject to Trump’s tariffs are actually falling.