PYMNTS-MonitorEdge-May-2024

consumer price index

Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
January 12, 2024  |  Economy

The Producer Price Index (PPI) declined for a third consecutive month in December.  Final demand prices fell 0.1% in December after dropping 0.1% in November...

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Inflation’s Pace Quickens in December, Led by Housing Costs
Inflation’s Pace Quickens in December, Led by Housing Costs
January 11, 2024  |  Economy

The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by...

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Inflation Slows but Food Still Eats Up Purchasing Power 
Inflation Slows but Food Still Eats Up Purchasing Power 
December 12, 2023  |  Economy

The grocery bill may increasingly be hard to swallow. The restaurant tab may make diners hesitant to reach for the check, and perhaps seek to...

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JPMorgan CEO: Inflation Battle Isn’t Over Yet
JPMorgan CEO: Inflation Battle Isn’t Over Yet
November 15, 2023  |  Economy

The head of America’s biggest bank says it’s too soon to declare victory against inflation. “I’m afraid inflation might not go away that quickly,” JPMorgan Chase CEO Jamie Dimon told Bloomberg...

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Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
November 14, 2023  |  Economy

Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely...

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Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
October 11, 2023  |  Consumer Finance

Even as monthly grocery inflation eases, PYMNTS Intelligence reveals, consumers are feeling the weight of the past three years of price increases when they go...

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Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
Will Weak Consumer Sentiment Hurt Spending Despite Lower Inflation Expectations?
September 15, 2023  |  Economy

Consumers, looking ahead, think inflation’s growth rate will moderate. But their outlook about the economy right now, and where it’s headed, is muted. To that...

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Grocery Prices Flatline While Restaurant Inflation Continues to Climb
Grocery Prices Flatline While Restaurant Inflation Continues to Climb
July 12, 2023  |  Economy

As grocery inflation is finally leveling off, at least for the time being, restaurants continue to jack up menu prices, and these increases are sending...

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Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
Will Inflation’s Cooling Pace Heat Up Consumer Spending as Summer Wanes?
July 12, 2023  |  Economy

The torrid pace of inflation is torrid no longer. At least judging by the data for June. The question remains, however, whether the fact that...

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