In June 2022, inflation in the US reached a 40-year high. By December 2023, however, it had significantly decreased, per the latest data from the US Bureau of Labor Statistics (BLS). This decline can be attributed to several factors, such as US Federal Reserve interest rate hikes, supply...
Inflation continued its downward trend in December. Tim SmartJan. 18, 2023 Inflation Falls in December The drop was in line with estimates but may not be enough to convince the Federal Reserve to stop raising interest rates. Tim SmartJan. 12, 2023...
Consumers paid 14.3% more for electricity last year on average, than in 2021, more than double the overall 6.5% rise in prices, according toConsumer Price Increasedata released Jan. 12 by the U.S. Bureau of Labor Statistics. Month to month, electricity prices rose 1% while the overall CPI...
SourceBureau of Labor Statistics Stats Last Value2.75% Latest PeriodNov 2024 Last UpdatedDec 11 2024, 08:31 EST Next ReleaseJan 15 2025, 08:30 EST Long Term Average3.28% Average Growth Rate-9.91% Value from Last Month2.60% Change from Last Month5.83% ...
US Bureau of Labor Statistics: The total number of non-farm workers employed increased by 339,000 in May, in line with the average monthly increase of 341,000 over the past 12 months. The translation is provided by third-party software. ...
US Consumer Price Index in February sped up to 3.2 percent from a year ago, indicating continued inflation pressures, the Labor Department's Bureau of Labor Statistics reported last week. According to the Fed's latest quarte...
US Bureau of Labor Statistics: Employment in the manufacturing industry increased by 28,000 in November, including 30,000 in the auto and parts industry, reflecting the return of workers on strike. There has been little net change in manufacturing employment over the past year....
Consumer prices rose 2.6% in the 12 months to October, according to the US Bureau of Labor Statistics. Federal Reserve Chair Jerome Powell says inflation is on a sustainable path to its 2% goal. The general expectation is that the US Federal Reserve will cut rates at its December 2024 meeti...
The annual inflation rate for the United States was 2.9% for the 12 months ending December, compared to the previous rate increase of 2.7%, according to U.S. Labor Department data published on January 15, 2025. The next inflation update is scheduled for
3. PPI final demand: Last week’s Producer Price Index surprised to the upside, suggesting lots more inflation is still in the pipeline. Source: Bloomberg, Bureau of Labor Statistics, 31 March 2022 4. Wages: High inflation combined with a tight labour market is resulting in a sharp increase...