Core CPI annual rate was 3.2%, a notch down from the month before and slightly better than the 3.3% outlook ... putting the year-over-year gain at just 1%, the BLS said in a separate release.

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

Annual headline inflation was 2.9% in July, according to the Bureau of Labor Statistics’ widely cited consumer price index, which tracks year-over ... claims were better than expected, as ...

The consumer price index rose 3% in ... a "notable" 19.5% and 3.3% since June 2023, respectively, the BLS said. A surge in ...

This means that CPI rose by 2.9% over the past 12 months before seasonal adjustment. The BLS calculates CPI on a monthly basis. The latest year ... money than necessary and put off buying big ...

Wages have risen faster than inflation for 20 months, the latest BLS data shows; however, they remain below where they were four years ago ... The CPI started this past year at 3.1%, jutted ...

The CPI report uses a different survey methodology, price samples, and index weights than ... the BLS divides the current value of a specific basket of goods compared to one year ago: The basket ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.