Consumer prices rose a modest 2.9% in the 12 months through July, the Labor Department reported Wednesday in its consumer price index, an annual rate that suggests the historic inflation surge of ...

It’s another big week for tariff news and economic data. Retail sales numbers, the producer price index, housing starts and building permits, and, Tuesday morning, inflation. The June consumer ...

Year-ahead inflation expectations have calmed down a bit, now 5.8%. The actual annual rate of inflation, as measured by the consumer price index, sits at 2.7%.

The Consumer Price Index increased 0.3% last month after edging up 0.1% in May, the Labor Department's Bureau of Labor Statistics said on Tuesday. That was the largest gain since January.

Year-ahead inflation expectations have calmed down a bit, now 5.8%. The actual annual rate of inflation, as measured by the consumer price index, sits at 2.7%.

From January to February, airfares dropped 4%, according to the Consumer Price Index. The decline in airfares, which is adjusted to account for normal seasonal price trends, is the first since July.