Iran, Inflation
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Prices paid by businesses for their supplies increased at an annual rate of 2.9%, above expectations, the Bureau of Labor Statistics said on Friday.
By Lucia Mutikani WASHINGTON, March 11 (Reuters) - U.S. consumer prices rose moderately in February as rents maintained a steady pace of increases, though households paid more for gasoline and at the supermarket and higher costs are in store because of the escalating war in the Middle East.
Inflation rose just 0.2% in January from December and fell to 2.4% on an annual basis. Both readings were less than anticipated, in a positive sign for consumers. Broadly, economists surveyed by Dow Jones expected inflation overall to have risen by 0.3% in ...
U.S. producer prices increased more than expected as businesses passed on import tariffs and raised prices at the start of 2026.
WASHINGTON, March 5 (Reuters) - U.S. import prices increased in January as a decline in the cost of energy products was more than offset by a surge in capital goods prices, government data showed on Thursday.