WASHINGTON — A measure of U.S. consumer prices fell in May by the most since December 2008, pulled down by a plunge in gas prices. Excluding volatile food and energy costs, prices rose only modestly.The Labor Department said Thursday that the consumer price index dropped 0.3 percent. Gas prices sank 6.8 percent, also the most [...]
Similar Stories to Sharp Fall In Gas Costs Drives Down Us Consumer Prices By Most In 3½ Years on Bing News
Associated Press, Time: Business
Thu, 06/14/2012 - 6:59am
BING NEWS:
- Eggs, milk and other grocery prices fall as overall inflation eases
Inflation eased a bit last month, according to a report Wednesday from the Labor Department. Consumer prices in April were up 3.4% from a year ago — a smaller annual increase than the month before.
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Rising housing and energy costs are still impacting inflation the most. The U.S. Consumer Price Index (CPI) report released by the Bureau of Labor Statistics (BLS) on Wednesday revealed that the ...
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05/15/2024 - 8:33 am | View Link - VIEW US consumer prices rise less than expected; retail sales flat
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05/15/2024 - 1:07 am | View Link - California gas prices could rise under new climate plan
California consumers may face another spike in gas prices, following a report released in September 2023 by the California Air Resources Board (CARB). The report detailed the state’s initiative to ...
05/14/2024 - 8:57 am | View Link - More
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