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President Donald Trump promised to lower costs on his first day in office. But his import tariffs and war with Iran have made that impossible for now. Just How Bad Is Inflation Now? Inflation surged ...

Current 12-month inflation at 3.8%, just above the Fed's 2% target. Core inflation, minus food and energy, increased to 2.6% from last year. Energy inflation spiked 17.9%, driven by the Iran conflict.

CPI Inflation Contributions from Goods and Services updates data on how much different types of goods and services contribute to changes in consumer price index (CPI) inflation. This tool is intended ...