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Tag: consumer

Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981

Prices that consumers pay for everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday.The consumer price index, which measures a wide-ranging basket of goods and services, jumped 8.5%...

China’s consumer prices climb as Covid prompts food stockpiling

Fresh vegetable prices rose by 24% year-on-year in April as consumers stocked up to prepare for potential stay-home orders. Pictured here is a delivery driver for Alibaba's Hema Fresh supermarket in Beijing on May 10, 2022.Jade Gao | Afp | Getty ImagesBEIJING —...

April’s consumer price index report expected to show inflation has already peaked

Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty ImagesApril's consumer price index report is expected to show inflation has already reached a peak — a development that some investors say...