Key Inflation Metric Hits 3 Percent, Despite Trump's Claim That Rising Prices Are 'Solved'

Inflation is stubbornly refusing to be vanquished by presidential edict.

Companies are getting hit by rising prices, just like consumers

Service prices jumped in December while prices for goods stayed the same, thanks to a decline in energy costs.
ConsumerAffairs

The Producer Price Index suggests more inflation could be ahead

The Producer Price Index (PPI) for final demand increased 0.5% in December, following gains of 0.2% in November ...

US producer prices post biggest gain in five months, businesses passing on tariffs

U.S. producer prices increased by the most in five months in December amid some pass-through from import tariffs, suggesting ...

India to cut food weighting in CPI in new inflation series

India will cut the weighting of food in its consumer price index (CPI) to 36.75% in a new inflation series, potentially making headline inflation readings less volatile and smoothing the outlook for ...

Fact check: Trump says Democrats don’t talk about affordability anymore (they do) because inflation is over (it isn’t)

President Donald Trump tried Tuesday to concoct an alternative reality on the subject of “affordability” – piling lie on top of lie to try to convince Americans that the issue has vanished.