Prices paid by businesses for their supplies increased at an annual rate of 2.9%, above expectations, the Bureau of Labor Statistics said on Friday.
An inflation report to be released on Wednesday will provide the latest measure of price increases as the U.S.-Israeli war with Iran drives up gasoline costs and renews concerns about affordability.
The widely watched Consumer Price Index rose 2.4% over 12 months in February, the same annual increase as January and matching forecaster expectations.
By Lucia Mutikani WASHINGTON, March 11 (Reuters) - U.S. consumer prices rose moderately in February as rents maintained a ...
The prices businesses pay to each other took a sharp turn higher in January, new data showed Friday, indicating that more ...
Inflation held steady in February, but rising energy prices because of the war with Iran could soon renew upward pressure on ...
WASHINGTON, March 5 (Reuters) - U.S. import prices increased in January as a decline in the cost of energy products was more ...