Inflation is a measure of how prices change over time. The U.S. Bureau of Labor Statistics (a part of the U.S. Department of Labor) selects a "basket of goods," which is a collection of manygoods and servicesthat are commonly used by consumers. Every month, the prices of these good...
In the United States, the Bureau of Labor Statistics (BLS) calculates the Consumer Price Index (CPI). The US Department of Commerce's Bureau of Economic Analysis (BEA) produces a Personal Consumption Expenditures Price (PCE) index. The Federal Reserve monitors any changes in these indexes, a...
12-Month Data Sources: U.S. Bureau of Labor Statistics: All items in U.S. city average, all urban consumers, not seasonally adjusted.Inflation Rate 2.9% Consumer Price Index (CPI) 315.605 Released on Jan. 15 for December. Next release on Feb. 12 for January 2025. US INFLATION ARTICLES ...
The average price of health care in the United States increased by 2.8% in the 12 months ended December 2024, as compared to a 3.1% increase in November, according to the most recent inflation data released January 15, 2025 by the U.S. Labor Department’s Bureau of Labor Statistics (BLS...
Private-sector workers saw their hourly wages after inflation fall by 3.6% from June 2021 to June 2022, according to the U.S. Bureau of Labor Statistics. That's the largest decline since at least 2007, when the agency started tracking thedata. ...
The consumer price index increased 0.2% last month after rising by a similar margin in July, the Labor Department's Bureau of Labor Statistics said. The rise in the CPI was in line with economists' expectations. Food prices edged up 0.1% after climbing 0.2% in each of the past two months...
According to the U.S.Department of Labor, in September, the consumer price index (CPI) rose 8.2% over the prior 12 months, and in July, the CPI was the highest it had been in four decades, according to the U.S. Bureau of Labor Statistics. ...
Inflation Statistics: The main cause of the higher inflation rate was Russia's invasion of Ukraine. In 2022, the U.S.' inflation rate rose to 9.1%.
The consumer price index (CPI) last month rose 0.3 percent from the previous month after increasing 1.2 percent in March, according to the department's Bureau of Labor Statistics (BLS). The April CPI surged 8.3 percent from a year earlier, a slightly smaller increase compared with the 8.5-pe...
Source: US Department of Labor, Bureau of Labor Statistics. Calculation made assuming 3% inflation rate is compounded annually each year over the 20-year period. Source: Morningstar, “Fundamentals for Investors,” 2018. See www.franklintempletondatasources.com for additional data provider terms...