Prices are still going up on food and gas, but underlying inflation remains low, the government said Thursday. The U.S. Consumer Price Index, a key measure of inflation, increased 1.6 percent over the past 12 months ending in January, up from 1.5 percent in December, the Bureau of Labor Statistics said. Get the full story »
Inside these posts: Consumer Price Index
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December consumer prices rise slower in Chicago
Chicagoans faced less price inflation than the nation as a whole last month.
The consumer price index in the Chicago region rose 0.3 percent in December as the cost of gas and food increased, the Labor Department said Friday. The national rate was 0.5 percent, the largest gain in 18 months. Get the full story »
Nov. 29, 2010 at 8:31 a.m.
Filed under: Cost of ‘12 Days of Christmas’ nears $100,000
In the unlikely event that your Christmas list this year includes every item mentioned in “The Twelve Days of Christmas,” be prepared to pay nearly $100,000.
Trying to buy the 364 items repeated in all the song’s verses — from 12 drummers drumming to a partridge in a pear tree — would cost $96,824, an increase of 10.8 percent over last year, according to the annual Christmas Price Index compiled by PNC Wealth Management. Get the full story »
Consumer prices up on higher gas costs
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell. Gasoline prices accounted for most of the increase, rising by 4.6 percent in October, the biggest gain since July.
The Labor Department said Wednesday the Consumer Price Index rose by 0.2 percent last month, an increase from September’s 0.1 percent rise. Wall Street analysts had expected a slightly larger increase. It was the fourth straight rise.
