Tag: Consumer prices

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American Shoppers Face an Expensive Black Friday

Black Friday marks the beginning of the Christmas shopping season in America. Traditionally, retailers give massive discounts to prospective buyers on the day. Since 2005, Black Friday has been the busiest shopping day of the...

A view of fruit and vegetables at an area grocery store August 12, 2021, in Washington, DC. The US inflation report showed consumer prices rising significantly for energy and food in July.

Inflation Peaks as Producer Prices Rise 7.8% Annually in July

Supply chain disruptions and waning supplies of materials are increasing costs, causing producer prices to soar to a record annual rate in July. According to the Labor Department, the producer price index for final demand...