Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

Chancellor Rachel Reeves' painful tax raid on businesses has pushed inflation to an 18-month high. Prices have jumped by 4.2% ...

Inflation ticked up again in September. Price gains were led by increases in the cost of gasoline. See what other costs went ...

The report shows food items like instant coffee and beef are getting pricier. Instant coffee prices in September were about ...

The federal government recalled some furloughed workers specifically to produce the inflation report, which plays a key role ...

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The Fed tracks the Personal Consumption Expenditures price indexes for its 2% inflation target. Based on the CPI data, ...

The Bureau of Labor Statistics is likely to skip a month of data collection for the Consumer Price Index for the first time ...

Many benefit claimants will be hoping to see their payment rates increase next year, after the CPI figures for September - traditionally the ...