The year-on-year October CPI number for all urban consumers was 7.7%, below the 8% consensus, and 6.3% when food and energy are excluded, lower than the 6.6% expectation.

Consumer prices rose 3.7% in the 12-month period ending in August, registering their largest monthly increase since January thanks largely to surging prices at the pump, though one key inflation ...

Since When Is 7.1% a ‘Good Inflation Number’? Ebullient news coverage betrays a very short-term memory. Share. Resize. Listen (1 min) A shoppers in a Kroger supermarket in Atlanta, Oct. 14.

The latest inflation figures from the United States, the United Kingdom and the European Union are feeding hopes that the worst is over and some relief for struggling households could arrive soon.

A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business.. If even ...

Shelter costs, which account for about 40% of the core inflation increase, rose 0.6% for the month and are up 7.1% over the past year, the fastest annual increase since 1982.