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US inflation over the last 12 months is the lowest since October as consumer prices slid for a third straight month, according to a government report released Friday. The Consumer Price Index, the most closely watched indicator of inflation, retreated 0.1 percent in June after a 0.2 percent dip in May, the Labor Department said. […]

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Even though energy prices were flat in March, the cost of living in America rose slightly during the month as more expensive fresh fruits and vegetables lifted consumer prices, according to a government report released Friday.   "The seasonally adjusted increase was mostly due to an increase in the fresh fruits and vegetables index, which […]

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The cost of living in the US rose less than expected in December, according to a Labor Department report released Friday. However, inflation picked up in the past year as a result of higher energy prices. Consumer prices inched 0.1 percent higher in December after rising 0.4 percent in November. The reading was the lowest […]

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US inflation over the past year returned to positive territory for the first time since February and Americans paid more for energy in November, bringing the cost of living up from the prior month, according to a government report released on Wednesday. Consumer prices rose 0.4 percent in November — as most analysts expected — […]

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The cost of living in the US rose more than expected in October, as the price of fuel, food and cars helped drive costs higher, according to a Labor Department report released Wednesday. Consumer prices rose 0.3 percent in the month after a 0.2 percent increase in September, according to the latest Consumer Price Index […]

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The cost of living in the US rose slower in September, easing concerns of higher inflation which over the past 12 months has fallen more than one percent, according to a Labor Department report released Thursday. Consumer prices edged higher last month by 0.2 percent, following a 0.4 percent climb in August. Core consumer prices, […]

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The cost of living in the US increased slightly in August, but prices were cheaper compared to 12 months ago, a new report released Wednesday by the Labor Department reveals. Annual US inflation dropped 1.5 percent after a 2.1% decline in the 12 months ending in July. The decrease was largely due to lower gasoline […]

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The cost of living in the US remained unchanged in July while annual inflation fell the most since January 1950, or nearly 60 years, the Labor Department reported Friday. The government’s Consumer Price Index shows year-over-year inflation declined 2.1%, cut down by sharply lower energy costs as compared to last year when gasoline prices were […]

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The U.S. cost of living jumped in June while year-over-year inflation declined by the sharpest amount in 59 years, new government data shows. Consumer prices rose 0.7 percent last month, largely due to a 17.3 percent surge in gasoline prices, the Labor Department reported Wednesday. While gasoline prices peaked, they were no match for prior […]

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The cost of living in the U.S. inched slightly higher in May, according to a government report released Wednesday. The same report shows year-over-year inflation fell by the quickest pace since April 1950. The Bureau of Labor Statistics Consumer Price Index shows the annual US inflation rate at -1.3 percent. Cheaper energy over the past […]

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