US consumer prices rise moderately
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Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month
Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock. The airline on June 11 broke the abrupt news leaving travelers stranded, The airline operates in Florida, the Bahamas, and the Caribbean.
The Bureau of Labor Statistics reported Wednesday that U.S. inflation measured by the Consumer Price Index increased by a lower than expected 0.1% in May.
M/M vs. +0.2% consensus and +0.2% in April, according to data released by the Bureau of Labor Statistics on Wednesday.
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists remain on guard.
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The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
The CPI rose 0.1% in May, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and April's pace was 0.2%. On a year-over-year basis, the CPI climbed 2.4% against estimates for 2.5% and April's 2.3%
Retirees count on Social Security benefits to help them cover their costs of living. These benefits are supposed to help seniors pay for their essentials year after year, since workers pay into them throughout their entire careers with the promise of lifetime income that is protected against inflation.
Consumer prices showed little sign of tariff-related increases for the third month in a row, defying expectations of a significant rise in inflation tied to ongoing U.S. trade wars.
The Consumer Price Index increased by 2.4% in May compared to a year ago, according to the Bureau of Labor Statistics' latest data. The latest report shows ground beef continues to steadily increase.
India’s Retail Inflation 2025, Retail Inflation outlook for May 2025 updates: Retail inflation based on Consumer Price Index (CPI) dipped to 2.82 per cent in May as against 3.16 per cent in April, government reported on Thursday.