The price hikes that many expected due to recent tariffs have not yet materialized in a big way. This is good news for shoppers and the overall economy. The Consumer Price Index, a key measure of inflation, showed a modest increase in May. It rose by 2. 4 percent compared to the same month last year. This is just a slight uptick from April's 2. 3 percent annual incre...
In April, the U. S. saw a slight dip in inflation rates. This is a brief calm before the storm. Why? Because trade tensions are about to heat up. The government and the Federal Reserve have been working hard to keep inflation at a steady 2 percent since the pandemic. They finally saw some relief in April. But don't get too comfortable. Experts predict that prices wil...
The US economy is facing some significant shifts, and it's all thanks to recent trade policies. Before diving into the details, it's important to understand that the Producer Price Index (PPI) is a key indicator of inflation. It measures the average change in prices received by producers of goods and services. This index can give economists a sneak peek into future r...
The latest numbers show that prices in the U. S. went down last month, with a big drop in gas, flights, and hotel stays. This is a sign that the rate at which prices are going up is slowing down. The overall increase in prices was 2. 4% in March compared to the same month last year. This is lower than the 2. 8% increase seen in February and the smallest rise since Se...
Inflation is on the rise, and it's hitting your wallet where it hurts the most. Prices for groceries, gasoline, and rents have all gone up, making life tougher for families and businesses. This news comes from the latest report from the government, which shows that prices have increased by 3% in January compared to the same time last year. This is a jump from the 2. ...
You might be surprised to learn that wholesale prices didn't jump as high as expected in December. This is good news for those worried about inflation. The Producer Price Index, which tracks changes in what producers pay, only went up by 0. 2% month-to-month and 3. 3% over the year. However, experts warn that this might just be a brief pause before things heat up. P...