The impact of falling food prices and rising medical prices on consumer buying decisions struck harder in July. Price trends continue to give households incentives to economize on consumables to pay for other spending. Rising prices for medical care and prescription…
A steeper decline in food prices in May is good news for consumers, bad news for grocery retailers, and a key reason why overall inflation pressures remain weak. The food price falloff is helping households offset higher prices elsewhere, including a…
Higher prices to eat out and travel about may put some pressure on household spending going forward, based on a first look at the latest consumer price numbers. The good news is that inflation excluding food and fuel—the so-called core inflation…
The sharper decline in consumer food prices in March is a clue to weak sales at supermarkets and other retailers that sell food—as well as welcome news for household budgets. Falling food prices partly explain the weak retail sales results in…
Apparel and prescription drugs led growing price pressures on households in February, according to the latest U.S. consumer price numbers. Services remain the biggest driver of rising pressures, however. The so-called core inflation rate—excluding food and energy—edged up to 2.3% year-to-year….
Food and fuel prices continue to fall, but households faced higher prices across a range of other categories in January, according to a first look at the latest U.S. consumer price numbers. Autos, apparel, rent, medical care, prescription drugs, and recreational…
Price trends in December continued to push households toward using lower prices for food at home and energy to offset rising prices focused primarily in services, rent, and house payments—according to a first look at the latest U.S. consumer price numbers….