The Consumer Price Index is the chief benchmark economists use to measure inflation. The U.S. Bureau of Labor Statistics calculates the CPI each month by collecting information on the price of ...

The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...

Food prices have been a consistent driver of inflation but prices at the supermarket moderated throughout much of 2024. The Consumer Price Index for food c ...

The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...

The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before.

The overall consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department said Wednesday. The index rose 0.4% from the previous month, driven by a 4.4% jump in gas ...