Skip to: Content
Skip to: Site Navigation
Skip to: Search


Consumer prices

U.S. consumer prices rose last month by the most since June, driven up by higher gas prices, but excluding energy, inflation was tame. The Labor Department said Thursday that the consumer price index rose a seasonally adjusted 0.3 percent in December, after a flat reading the previous month. Prices increased 1.5 percent in 2013, down from 1.7 percent in 2012. That's below the Federal Reserve's target of 2 percent. Grocery prices were flat, held down by the biggest drop in fruit and vegetable prices in five years.

U.S. consumer prices rose last month by the most since June, driven up by higher gas prices, but excluding energy, inflation was tame. The Labor Department said Thursday that the consumer price index rose a seasonally adjusted 0.3 percent in December, after a flat reading the previous month. Prices increased 1.5 percent in 2013, down from 1.7 percent in 2012. That's below the Federal Reserve's target of 2 percent. Grocery prices were flat, held down by the biggest drop in fruit and vegetable prices in five years.
 

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Danny Bent poses at the starting line of the Boston Marathon in Hopkinton, Mass.

After the Boston Marathon bombings, Danny Bent took on a cross-country challenge

The athlete-adventurer co-founded a relay run called One Run for Boston that started in Los Angeles and ended at the marathon finish line to raise funds for victims.

 
 
Become a fan! Follow us! Google+ YouTube See our feeds!