inflation, tariff and producer price index
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WASHINGTON (Reuters) - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before President ...
WASHINGTON (Reuters) - U.S. consumer prices rebounded moderately in April, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs.
US import prices unexpectedly fell in March for the first time since last September ... marking the first monthly decline since the recorded decrease of 0.2% in May 2024. Similarly, US export prices were stable in March after rising 0.5% the previous ...
The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March, according to the Consumer Price Index. It was the first month-to-month drop in egg prices since October 2024. Overall, the average price of eggs of all sizes fell 12.7%, the steepest monthly decline since March 1984.
Inflation eased in April with drops in gas and egg prices, but ODU's Bob McNab warns tariffs could drive prices back up this summer.