WASHINGTON (AP) — U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices.

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…

Inflation outpaces wage growth for a second consecutive month, which could weigh on overall economic growth

America's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle East conflict, gives the Federal Reserve…

The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the…

Economists have been closely examining economic reports given the ongoing war with Iran and concerns about higher overall inflation.