inflation

The Bureau of Labor Statistics is no longer gathering data from parts of New York, Nebraska, and Utah.

Although overall inflation has been high since the pandemic hit, some consumer goods and services have stagnated or gone down in price over the last five to six years.

The price of oranges, for example, has increased by 26% since 2019 due to rising labor costs, lingering supply chain issues, and climate change. 

One month doesn’t make a trend, but there are worrying signs in the labor market and inflation data.

The June consumer price index will be the latest glimpse into whether tariffs are having an effect on consumer prices.

The Federal Reserve of New York releases data on inflation expectations Tuesday.

Instead of Italy, consider … Albania?

Income growth is still outpacing inflation, but that gap is narrowing and could start to impact consumer spending.

While some consumer goods have become increasingly out of reach for Americans, deflation wouldn’t be good for the economy either.

Keep your eye on an inflation measure that focuses exclusively on goods except for food and energy.