CPI gas price index has surged 28% from a year ago, while overall energy costs are up nearly 18%, new inflation data shows.

U.S. inflation hit 3.8% in April, the highest since 2023, as energy costs drove nearly half of the monthly increase.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent on a seasonally adjusted basis in April, after rising 0.9 percent in March, the U.S. Bureau of Labor Statistics reported today.

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year. The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists ...

The producer price index, a gauge of pipeline costs for final demand goods and services, increased a seasonally adjusted 0.5% for the month, well below the Dow Jones consensus estimate for 1.1%. Excluding food and energy, core PPI was up just 0.1% against ...

Consumer prices rose 0.4% last month after increasing 0.2% in July, the largest increase in seven months. The Consumer Price Index, released by the Bureau of Labor Statistics, is a common measure of inflation, as it shows the change over time in the prices ...

Measuring price fluctuations for a representative basket of goods and services provides a critical benchmark for inflation and the overall health of the U.S. economy. The Consumer Price Index, published monthly by the Bureau of Labor Statistics, serves as ...

Strait of Hormuz crisis THE benchmark of world food commodity prices rose in April for a third consecutive month amid elevated energy costs and disruptions caused by the conflict in the Near East, according to the latest release by the Food and Agriculture Organization of the United Nations (FAO).