Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise ...

March's report comes after inflation rose 2.8% on an annual basis in February. On a monthly basis, prices actually fell 0.1% in March, the first monthly drop in nearly five years.

U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.

On a year-over-year basis, the PCE price index, a key measure of inflation, rose by 2.6%. Core PCE The year-over-year change in Core PCE stood at 2.6%, aligning with economists’ expectations.

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...

The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in May. The core ...

On a month-over-month basis, the CPI rose 0.2%, lighter than the 0.3% pace forecast by economists. Housing costs were a major driver of inflation last month, the Bureau of Labor Statistics said.