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Tag: CPI

US Consumer Sentiment Reaches 6-Month Low

Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low...

Retail Sales Falling in the US – a Softer Tone

Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to...

Consumers Spend More on Less

Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...

Stop Blaming Putin for Inflation

The Consumer Price Index soared 8.5% in March year-on-year, according to the report released by the Labor Department on Tuesday. Prices have not been this inflated...

Inflation Soared to 6.8% in November

Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor...