Gas Prices, Food Price | featured news

US consumer prices tick up as rental costs rise

Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.

 

Reports bode well for food, gas prices, and jobs

Americans are finally getting some relief from high gas and food prices. Wholesale food prices fell last month by the most in nearly a year, and gas prices keep dropping after peaking in May. A separate survey suggests CEOs are feeling more optimistic and will hire more in the second half of this year.

 

Rising food and gas costs push up 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.

 

Retail sales surge in April despite higher gas, food prices

Big chains report an 8.9% increase from a year earlier, led by discounters and apparel stores. A later Easter is considered only partly responsible for the big jump.

 

U.S. Consumer Prices Up 0.5%, Pushed Mainly by Food and Gas

The Consumer Price Index report for March said that outside of food and energy, prices remained subdued last month, rising just 0.1 percent.

 

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