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The average cost of a cooker swung from negative inflation in April (down 3.4% year-on-year) to positive inflation in May (up 2.3%), while inflation climbed higher for heaters and air conditioners.
The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.7 percent from ...
Dr Liliana Danila, Lead Economist, The Food and Drink Federation, (FDF) said:“Food and drink inflation shot up in May 2025, reaching 4.4% compared to 3.4% in April.
WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation ...
Key Takeaways: U.S. inflation fell to 2.1% in April, the lowest since September. Core inflation hit a four-year low at 2.5% year-over-year. Consumer spending growth slowed amid tariff uncertainty.
Falling gas prices helped offset some of the impacts of President Donald Trump's tariffs but an array of products like coffee ...
"Inflation is down, income is up, and the trade deficit just fell by the largest amount on record," she said, referring to the April advanced international trade deficit data, also published ...
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than ...
Slowing rent increases and cheaper gas are offsetting some impacts of Trump's sweeping tariffs. Excluding the volatile food ...
Inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures Price Index rose 0.1% last month after being ...
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