Handles on a gas pump in Brooklyn.
Jonathan Fickies /Landov
March 15, 2013 Prices rose overall by 0.7 percent. The major factor: a 9.1 percent surge in gasoline. Since February, though, gas prices have retreated. So economists do not think the latest report changes the inflation picture.
The cost of a gallon of gas kept rising last year, but not at the torrid pace of 2010 and 2011. That helped keep inflation in check.
Joe Raedle/Getty Images
January 16, 2013 Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent. A sharp slowing in the increase of gas prices was a major factor. The news means interest rates will likely stay low.
September 14, 2012 The government reports consumer prices and retail sales increased during August, mostly due to more expensive gas prices.
August 15, 2012 A sluggish economy has kept prices from rising. But a recent uptick in the price of gasoline and the effects of this summer's drought on food costs could put some upward pressure on inflation in coming months.
May 15, 2012 Dropping gas prices helped hold inflation down. Meanwhile, April consumer spending may have been slowed because warm weather in March encouraged folks to get out their wallets then.
April 13, 2012 The news that consumer prices rose a relatively modest 0.3 percent in March from February supports "the view the U.S. Federal Reserve has room to provide more support for the economy if needed," Reuters concludes.
March 16, 2012 A spike in gasoline prices fueled the increase. The so-called core rate of inflation remained in check.
January 19, 2012 First-time claims for unemployment insurance plunged by 50,000 last week from the week before, to 352,000. They're now near a four-year low.
November 16, 2011 Falling energy costs kept inflation in check. But oil prices are up today, a sign that coming inflation reports might not be as welcome.
May 13, 2011 Higher prices for gasoline accounted for almost half of the 0.4 percent increase last month.
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