U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...

U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.

Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% and 3.6%, respectively, when adjusted for inflation.

Food inflation over the past year has also been "fairly tame," House said. Grocery prices are up 1.3% since September 2023, according to the CPI.

Consumer prices rose 0.5% from December — the fastest pace since August 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest ...

Households' inflation expectations also rose to 4.3% over the next year – the highest level since November 2023 and a sharp uptick from 3.3% last month.

U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...

The consumer price index, a key inflation gauge, was up 2.4% last month from September 2023, the bureau said. That figure is a decline from 2.5% in August, meaning price growth slowed.