The increase in inflation can be largely attributed to several key factors that have converged to push prices upward. One significant factor is the end of the Goods and Services Tax (GST) break, which ...

Prices for housing increased while the cost of air fares and gasoline fell ... release showed further signs of progress on underlying inflation, with the pace of price increases moderating ...

This may be the calm CPI report before the storm,” said Seema Shah, the chief global strategist at Principal Asset Management.

The consumer price index for the 25-county region that includes Long Island increased 4.2% last month compared with February 2024, according to the federal Bureau of Labor Statistics.

Gasoline prices are coming down ... Wednesday’s Consumer Price Index report, the government’s key measure of inflation, showed lower gas prices are helping to cool overall price pressures.

Gasoline prices declined by 1% month over month in February. That was a significant pullback from the start of the year, when gas prices rose by 1.8% in January. Price growth for natural gas and ...

Notably, vodka prices rose by 3.7%, cucumbers by 8.6%, and subway fares by 8.2%. The central bank's decision to maintain the ...

Retirees are also vulnerable to another key area affected by tariffs: health care. Gemini Deep Research noted that tariffs on ...

Inflation is the tendency for prices of goods ... including things like food, gasoline, computers, prescription drugs, college tuition and mortgage payments, to gauge how prices generally change ...

The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than economists' expectations ahead of the next Federal Reserve meeting.

Inflation on home prices ... “We’re going down and getting gasoline below $2 a gallon,” he said at the Economic Club of New York in October. But with prices hovering around $3.25 a gallon ...

Inflation cooled more than expected in February ... index for airline fares and a 1.0-percent decline in the index for gasoline," BLS said. Energy also declined in February from a year ago ...