Here's what new data from the producer price index says about where inflation is headed, according to economists.

Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.

The housing market is juggling mixed economic signals-ranging from stubborn shelter costs to easing mortgage rates.

The warning comes as inflation is already spiking. The Labor Department reported Thursday that the producer price index jumped 0.9% from June to July.

Inflation is expected to jump again when July’s report is published tomorrow. Rising food prices and summer spending could be partly responsible.

The results reveal a linguistic divide. Countries in the EU and Asia perform well. France, which also did well the last time we conducted this exercise, in 2024, now has the least entrenched inflation of all the countries we looked at. Chapeau bas to them. Japanese inflation, true to form, has a feeble grip.

According to Bankrate, inflation has climbed 22.7 percent since 2021, while Americans' wages have risen just 21.5 percent.

Teachers, board members and students are concerned about staffing at Madison District Public Schools. This comes after 11 teachers resigned from Madison Elementary this summer.

British grocery inflation nudged down to stand at 5.0% over the four weeks to August 10, data from market researcher Worldpanel by Numerator showed on Tuesday, providing a little relief for consumers.