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Energy prices buoy otherwise low price inflation in January
Source: Bureau of Labor Statistics By Jacob Passy While this winter’s record-setting cold weather caused a big spike in the cost of electricity and natural gas, consumer prices barely increased in...
View ArticleDrought-related spike in food prices fuels otherwise flat inflation
Consumer prices barely rose in the past month as plummeting energy prices offset a stark increase in the cost of food items. The Consume Price Index (CPI) rose 0.1 percent in February according to a...
View ArticleSky-high food prices nourish famished inflation
Food and energy joined forces to take a bite out of consumer’s wallets last month, according to prospects ahead of Tuesday’s release of the Consumer Price Index. The Consumer Price Index (CPI) is...
View ArticlePoultry demand takes flight as red meat prices spike
By Jacob Passy Thanksgiving is over six months away. But that’s not stopping American consumers from breaking out the turkey – and chicken and eggs, to boot. More people are flocking to poultry to...
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