Inflation cooled less than expected in September. Consumer prices were up 2.4% from 2024. The government announced that Social Security recipients will get a cost of living increase of 2.5% in 2025.

Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index.

The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday.

The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 2.5% in January on an annual basis, matching economists' expectations and providing ...

Core PCE inflation, which is the Federal Reserve’s favored measure of price changes as it excludes more volatile food and energy categories, was 2.5% in April, lower than projections of 2.6%.

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor economic data for signs of tariff-induced inflation.

Inflation rose by three-tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index.

The June inflation figures were a modest acceleration from May, when overall prices were up 2.4 percent from a year earlier, and a bit hotter than forecasters had expected.