consumer price index

The price of glass jars to hold pasta sauce and other products has soared during the pandemic. Sauce-maker Paul Guglielmo in Rochester, N.Y., has absorbed some of the increase, but he has also raised prices for consumers.

Economy

Cargo traffic jams affect glass bottles too. Your pantry staples could cost more

5:30pm October 13, 2021

by Scott Horsley

Makers of everything from pasta sauce to vinegar say it's getting harder to find glass bottles for their products, and it's leading to higher prices.

Used Challengers sit in a long line at a Dodge dealership on Jan. 24 in Littleton, Colo. Used car prices may be peaking and that could help reinforce hopes for easing inflation.

Economy

Inflation Is Still High. Used Car Prices Could Help Explain What Happens Next

9:51am July 13, 2021

by Scott Horsley

A surge in prices of used cars was a major driver of inflation again in June, but there are some signs those price hikes may be shifting into reverse.

Used cars sit on the sales lot at Frank Bent's Wholesale Motors in El Cerrito, Calif., on March 15. Supply chain snarls and pent-up demand are driving up the prices of a lot of things, including new and used cars.

Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why

5:14pm June 10, 2021

by Scott Horsley

The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.

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A shopper's cart is full in the checkout line at a ShopRite supermarket in April 2020 in Plainview, N.Y. A year later, prices for most goods have jumped, according to government data, as companies struggle to secure critical raw materials amid supply cons

Economy

No, You Are Not Imagining It. Prices For A Lot Of Things Did Jump In April

2:22pm May 12, 2021

by David Gura

Prices for a range of goods from used cars to bacon surged last month, pushing consumer inflation to 4.2% in April, the highest since September 2008.

Consumer prices jumped in March, marking a return of inflation, but the Federal Reserve insists any uptick will be temporary.

Economy

Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate

4:33pm April 13, 2021

by Scott Horsley

Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.

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Grocery prices have fallen in recent months but are still 4.6% higher than at this time last year. Here, a woman stock shelves in a deli in June at a Washington, D.C., supermarket.

Economy

More Groceries, Less Gas: The Pandemic Is Shaking Up The Cost Of Living

2:44pm September 11, 2020

by Scott Horsley

Consumer prices rose 0.4% in August and 1.3% over the last 12 months. Some economists say that official measure understates inflation, because the pandemic has changed both what and how we buy.

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Retail food prices have just been through the longest period of deflation in about 60 years.

Grocery Prices Have Been Falling. Did You Notice?

8:16am September 06, 2017

by Alina Selyukh

For 19 months in a row, food prices in America's supermarkets fell compared to a year earlier. This is good news for shoppers but has weighed on the grocery industry and the people who grow our food.

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Higher Wages, Lower Prices Give Consumers A Break

1:54pm March 02, 2015

by Marilyn Geewax

Something very unusual is happening in the U.S. economy. Traditionally, workers lose buying power to rising prices. But lately, paychecks and prices have been heading in opposite directions.

Bigger paychecks plus lower prices add up to more buying power for consumers.

Wages And Prices: A Welcome Breakup

1:49pm March 02, 2015

by Marilyn Geewax

A Commerce Department report shows paychecks are fatter, prices are leaner and Americans are saving more. Meanwhile, prices fell by 0.5 percent. That's helping consumers on the rebound from recession.