Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
The latest figures reveal a 0.5% increase in overall food prices between December and January, with ambient food prices jumping by 1%. This rise was driven by higher costs for sugary products, ...
Food prices overall increased by 0.5% between December and January, according to British Retail Consortium figures.
Some statistics illustrate why Americans still feel crunched even though traditional metrics make economic conditions seem ...
In the US, the core consumer price index stepped down for the first time in six months, whereas the UK's inflation cooled for the first time in three months.
Eurozone consumer price inflation hit an annual rate of 2.4% in December, new data shows, the same level as November and in ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
The specter of rising food prices is ... 1.8% from a year earlier in December, rising at the fastest pace in more than a year, according to Labor Department data released last week.
Japan's central bank raised interest rates to their highest since the 2008 global financial crisis and revised up its inflation forecasts.
“The inflation ... years ago while average weekly earnings had not kept up. Higher grocery prices – up 27% from February 2021 -- were especially painful. In an interview with Time magazine ...
India's retail inflation eased to a four-month low of 5.22% in December, down from 5.48% in November and 5.69% last year, driven by slower increase in food prices. While December saw a seasonal ...