Annual inflation climbed to a new four-decade high in February, with consumer prices up 7.9% from a year ago. The increase does not reflect most of the recent jump in gasoline prices.
Consumer prices in January were up 7.5% from a year ago, the biggest annual gain since 1982. That may seem like a lot for those under 40, but older folks have lived through even sharper price hikes.
Amazon is increasing the U.S. subscription cost to $139 a year from $119, citing more customer benefits and higher employee wages and transportation costs.
Since August 2018, NPR has been tracking about 80 items sold at a Georgia Walmart with an eye toward products caught in the trade war. On average, prices rose 3%. Tariffs are one of many factors.
The latest round of tariffs on Chinese imports is expected to hit more products U.S. consumers actually buy, and businesses say they have no choice but to pass the added costs on to consumers.
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.