Labor Department, Consumer Price Index | featured news

Consumers paid more for food, gas in September

Consumers paid more for food, gas in September

Consumers paid more for food and gas last month, although inflation outside those volatile categories was tame. The Labor Department says the Consumer Price Index rose 0.3 percent in September, below a 0.4 percent rise in August. Excluding food and energy, so-called core prices increased 0.1 percent, the smallest rise since March.

Senh: Great. Now that people are making less or unemployed, they have to pay more for necessities.

 

Little sign of inflation as prices barely rise

Little sign of inflation as prices barely rise

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.

 

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