Inflation

The U.S. inflation rate has seen its fastest annual increase in over 30 years. Which consumer spending categories have been hit the hardest?

Although workers across the country have seen an increase in wages, the prices of things like gas and food have also risen, leaving workers wondering if their raises are real.

The holidays feel more expensive this year because they are.

WASHINGTON (AP) — U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way. The November increase, reported Thursday by the Commerce Department, followed a 5.1% rise for the 12 months ending in October, continuing a string of annual price gains that have run well above the 2% inflation target set by the Federal Reserve.

Like their loyal customers, Detroit's iconic potato chip maker Better Made Snack Foods Inc. is feeling the squeeze of inflated food prices. As a result of supply chain disruptions and shortages in key raw materials, the cost of a bag of Better Made barbecue flavored potato chips is going up. …

Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday.

WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry business in Massachusetts has had to reduce his product offerings and personally absorb higher costs.

In the 1970s, two shocks to energy markets led to the longest stretch of inflation in US history

Actually, moderate inflation is a signal of a healthy economy

The Consumer Price Index update released last week acted like a catapult for the 5-year breakeven rate, propelling it to the highest peak since at least 2003.

Companies from Mondelēz to McDonald's are raising prices to offset higher costs for transportation and because of labor and other problems along the supply chain.

Answer: 6.2%  This chart shows that many grocery prices have risen even more:  Questions: Have you noticed inflation (the increases in prices) in items that you or your family purchase in your own lives?  How much do you think that prices have to go up before it impacts consumer behavior and their purchase decisions?   What do you think are the causes behind this spike in inflation?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from CNBC): Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday. The consumer price index, which is a basket of products ranging from gasoline and health care to groceries and rents, rose 6.2% from a year ago, the most since December 1990. ------------------------ Wondering who won NGPF's Estimate the Monthly Jobs Report contest?

The consumer price index surged 6.2% from a year ago in October, the most since December 1990.

Boo! The Indicator team invites you to listen to a spooky episode about an invisible monster that has given our economy a fright. Listen at your own risk...

Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income.

You’ll need to prove that your work and responsibilities warrant more pay, too.

Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department said.

The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.

Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.

Twitter founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse.

Procter & Gamble, one of the country's largest consumer goods manufacturers, said Tuesday that it's raising prices on certain grooming, beauty and oral care products for retail customers to combat higher costs.

WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022 .

The cost of food and eating out along with overall consumer prices rose in August and be up year over year but the increase was smaller than expected.

U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages offset a rise in outlays on services, supporting views that economic growth will moderate in the third quarter amid a resurgence in COVID-19 infections.

These charts break down the data behind the headline numbers.

Is your salary keeping up with inflation? This is an online salary inflation calculator that gives you an answer. You can use our wage inflation calculator to determine if your wage is keeping pace with inflation. How does the salary inflation calculator work? Let’s see how this calculator works with an example. Let’s say the …