Consumer Prices | featured news

Stores are trying everything they can think of to disguise the fact that you're going to pay more for clothes this fall.

Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven inflation pressures.

Big-box retailers Wal-Mart Stores and Kmart, pioneers in the push to cut consumer prices for generic drugs, have been raising prices for the most popular brand-name diabetes drugs, according to a new study.

The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices.

Consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.

Consumer prices rose last month as the cost of gas increased by the largest amount since June 2009. But outside of energy costs, there was little sign of widespread inflation.

Consumer prices increased slightly last month as food and energy costs ticked up, but there was little sign of widespread inflation. The Consumer Price Index rose 0.1 percent in November, less than the previous month's rise of 0.2 percent, the Labor Department said Wednesday. In the past year, prices have moved up only 1.1 percent.

The cost of doing business in China is going up, and that could drive up consumer prices in the United States and Europe.

Consumer prices rose less than expected in January while prices excluding food and energy actually fell, something that hasn't happened in more than a quarter-century.

Inflation pressures remained modest in the month even though gasoline prices edged higher, the government reported.