The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...

Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% reading in March, according to a FactSet poll. The CPI, a basket of goods and services typically purchased by ...

For the first time in three years, Americans’ wages are no longer outpacing inflation. Prices rose 0.6% on a monthly basis, driving the annual rate to 3.8%, the highest since May 2023, according to ...

The global oil supply shock stemming from the Iran war is scorching U.S. motorists and other consumers, new federal data makes clear. Higher energy prices accounted for 40% of the total jump in ...

The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase. Energy was at the root of ...

After newly released Consumer Price Index figures showed that the year-over-year inflation rate was 3.8% in April, the highest in nearly three years, President Donald Trump tried to reassure Americans ...

Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy and energy prices surge.

Americans already struggling with affordability saw prices rise again in April, as surging oil costs stemming from the Iran war kept driving up prices at the gas pump and impacted supply chains for ...

The Consumer Price Index rose 3.8 percent in April from a year earlier, as increasing energy costs replaced tariffs as the driver of higher prices for Americans. Note: Data is seasonally adjusted year ...

Consumer prices rose 3.8% in April from a year earlier, a clear impact of higher gas prices since the start of the war with Iran. The figures, reported Tuesday by the Labor Department, surpassed the ...

Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023 Sign up for the Breaking News US newsletter email US inflation jumped to 3.8% in April as the ...