consumer price index

CPI Shows Main Street Small Business Price Hikes Successful, for Now
CPI Shows Main Street Small Business Price Hikes Successful, for Now
January 12, 2023  |  Economy

Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...

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December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
December Inflation Falls for 6th Month to 6.5% on Food and Energy Declines
January 12, 2023  |  Economy

Falling food and fuel prices pulled the annual inflation rate to a 14-month low of 6.5%. This, as the December Consumer Price Index report from the Bureau...

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October Inflation Drop Won’t Quell Consumer Affordability Fears
October Inflation Drop Won’t Quell Consumer Affordability Fears
November 10, 2022  |  Retail

For the fourth consecutive month, inflation slowed in October and while the market reaction happened instantly, data and history suggest the consumers’ response will be...

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October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
November 10, 2022  |  Economy

The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...

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Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
Stubborn Inflation Continues Devouring Retail Sales as Consumers Grow Cautious 
October 14, 2022  |  Economy

People are thinking twice before opening their wallets as inflation continues to run rampant, devouring retail sales in most categories last month and aligning with...

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Core Inflation Hits 40-Year High as Consumers Weigh Spending Priorities
Core Inflation Hits 40-Year High as Consumers Weigh Spending Priorities
October 13, 2022  |  Economy

Core inflation hit its highest pace since 1982 in September, with more people living paycheck to paycheck and struggling to stay on top of bills....

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Restaurants Grab Consumer Spend as Grocery Prices Spike
Restaurants Grab Consumer Spend as Grocery Prices Spike
September 15, 2022  |  Consumer Finance

While rising food prices have many consumers, by their own reports, eating out less often, data on their spending suggests that when they do dine...

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CPI Shows Restaurants Underpricing to Slow Shift to Grocery
CPI Shows Restaurants Underpricing to Slow Shift to Grocery
September 13, 2022  |  Restaurant innovation

As food prices continue to skyrocket, restaurants are letting their margins take the hit, keeping price increases comparatively low to prevent trade-down and keep visits...

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Banks Watch Nervously From Sidelines as 9.1% Inflation Crushes Consumers
Banks Watch Nervously From Sidelines as 9.1% Inflation Crushes Consumers
July 13, 2022  |  Economy

Push and pull. Bank earnings are on tap this week, with J.P. Morgan, Wells and Citi among the first out of the gate. And while...

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