Economic Report: Consumer inflation hits 6-year high, CPI shows

A yardstick of consumer prices known as CPI shows that inflation rose in June to the highest yearly rate since 2012, reflecting a U.S. economy that’s running hotter than anytime since the Great Recession......»»

Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»

Treasury yields jump Tuesday after update on consumer spending shows the economic health of U.S. households remains in good shape......»»

The University of Michigan said the final reading of its consumer sentiment index in April was 97.2, down a touch from the 98.4 in reading in March......»»

Americans paid more for gas and rent in March, but inflationary pressures more broadly were muted in the U.S. economy. The consumer price index jumped 0.4% in March, the biggest increase in more than a year......»»

Americans paid more for gas and rent in March, but inflationary pressures more broadly were muted in the U.S. economy. The consumer price index jumped 0.4% in March, the biggest increase in more than a year......»»

Americans paid more for rent, food, gas and clothes in February, triggering the biggest increase in inflation in fourth months. But the cost of living more generally is still rising very slowly. The consumer price index climbed 0.2% in February......»»

A key inflation gauge rose to 2%, hitting the Federal Reserve’s target for the first time in a year and potentially signaling a faster increase in U.S. interest rates......»»

The wholesale cost of goods and services rose in June at the highest yearly rate in almost seven years, reflecting broad inflationary pressures in a fast-growing U.S. economy......»»

The rate of U.S. inflation over the past 12 months flat-lined at 2.2% in June, the government’s PCE report on spending showed. Although that matches a six-year high,Inflation appears to have crested, at least temporarily, after a prolonged upturn......»»

Consumer spending rose sharply .....»»

American families paid more for gas, rent, airfare and other consumer staples in August, but the rate of increase in inflation slowed for the first time in almost a year......»»

The confidence of Americans in the U.S. economy and their own well-being rose toward the end of summer and stood near a 14-year high, according to a survey of consumer sentiment......»»

U.S. Treasury yields slip Tuesday after bond investors shrugged off an increase in consumer prices in March that sent yearly inflation measures to the highest level in two and a half years......»»

U.S. Treasury yields jump Wednesday as investors rushed to raise cash by selling liquid assets amid worries about the extra flood of debt government’s are issuing for fiscal stimulus packages to combat the economic impact of the coronavirus epidemic......»»

Higher rents and grocery prices pushed up the cost of living slightly in February, but inflation was mild overall and there was no sign yet of any influence from the coronavirus epidemic. The consumer price index edged up 0.1%......»»

A measure of consumer confidence rose in February to within a whisper of a postrecession high, reflecting a remarkably high level of optimism among Americans about their own finances and the U.S. economy nearly 11 years after the last recession......»»

The wholesale cost of U.S. goods and services barely rose in December, suggesting there was little inflation building up in the economy at the end of 2019. Wholesale inflation rose just 1.3% last year — half as much as it did in 2018......»»

Americans are still fairly optimistic about their own job situations and financial health, but they’re more worried about the economy than they were last year, according to a consumer sentiment survey......»»

Total consumer debt increased 2.3% for Hawaii consumers year-over-year in Q2 according to a new report published by the state Department of Business, Economic Development and Tourism on Friday. Chief State Economist Eugene Tian, told PBN that while.....»»