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Inflation

CPI Snapshot: Looking for Cooling Inflation Trends

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A person pushes a shopping cart through a supermarket in Manhattan, New York, U.S., March 28, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 9 (Reuters) – Economic data due on Friday has market participants eagerly awaiting confirmation that inflation, which has been high for decades, peaked in …

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Reuters Charts

US retailers slash prices but services keep inflation high

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WASHINGTON, June 9 (Reuters) – Major U.S. retailers like Target Corp (TGT.N) and Walmart Inc (WMT.N) have slashed prices to clean up overcrowded warehouses, but hotel revenue is surging as daily room rates and occupation have broken above pre-pandemic levels. Used car prices are no longer rising at the breakneck pace that drove an initial …

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