Headline inflation was at its lowest in five years, but a global oil price shock has made the reading a bit stale.

The Consumer Price Index “is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services,” according to the Bureau of Labor ...

Consumer prices rose 0.4% last month after increasing 0.2% in July, the largest increase in seven months. The Consumer Price Index, released by the Bureau of Labor Statistics, is a common measure of ...