MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
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These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
Economists had expected CPI to rise at an annual rate of 3% last month.
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
A 2.7% COLA increase would raise the average monthly Social Security payment by about $54.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics.
Expired sales labels led to overcharges on more than 150 grocery items, according to an investigation led by Consumer Reports and others.
Weakening consumer confidence and mounting uncertainty could hit spending, economists warn.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Americans express concern about their ability to pay bills and save money.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
The monthly report is viewed as key factor in whether the Federal Reserve cuts its benchmark interest rate in September.
Americans can expect ebbing inflation and a strong job market this year, according to the National Association for Business Economics.
For the first time in the U.S., credit card debt has surpassed $1 trillion.
In some areas inflation has fallen below 2%, while in other regions prices are still spiraling upward. Why?
Egg costs are soaring as Americans' eating habits change and as a deadly disease wipes out millions of birds.
Prices reflected the smallest annual increase since October 2021 amid lower costs for gasoline and energy services.
Members of the Detroit Police Department on Friday night responded to areas in and around downtown's Campus Martius Park where large crowds gathered.
A 3-year-old child is dead and a motorist is in custody after the child was hit by a pickup truck in Cedar Springs, Michigan, on Friday.
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
Members of the Detroit Police Department on Friday night responded to areas in and around downtown's Campus Martius Park where large crowds gathered.
A 3-year-old child is dead and a motorist is in custody after the child was hit by a pickup truck in Cedar Springs, Michigan, on Friday.
A man walked into the Livonia police station lobby with a knife and threatened to kill everyone before stabbing an officer during a struggle, police say.
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The bag, called the "Gold Standard Cassette Tape," features a bold, nostalgic design inspired by classic cassette tapes.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
The government's legal bid to continue East Wing construction has the hallmarks of President Trump's social media posts.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
A neighbor called Michigan Humane after spotting a puppy in the chimney of an abandoned home with a crumbling foundation, prompting the fire department to step in.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Prosecutors allege the dentist billed Medicaid for large numbers of unnecessary dental crown work on patients that was not provided.
According to the Michigan Department of Health and Human Services, there have been eight confirmed measles cases in the state in 2026.
A water services provider and its president are accused of falsifying water safety and discharge tests for private water systems serving mobile home communities in Michigan.
Michigan communities have received millions from a national opioid settlement, but some haven't spent any funds yet.
Paramedics and emergency medical technicians face a harsh reality in Michigan.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
The University of Michigan men's basketball team has made its way to the Final Four on Saturday for the first time since 2018.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
The Detroit Tigers open their 2026 home schedule on Friday, April 3, against the St. Louis Cardinals with a three-game series.
Michigan starting point guard Elliot Cadeau has rejoined his teammates for the Final Four and said his allergic reaction that required hospitalization a day earlier was due to an accidental exposure to nuts.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Some of Michigan's biggest fans are heading to Indianapolis to cheer on the Michigan Wolverines in the Final Four this weekend. However, no one will be cheering louder than the athletes' parents. CBS News Detroit spoke with the father of freshman Trey McKenney to learn about what led him to the Wolverines and the Final Four.
Dozens participate in the annual Walk for Hope to take a stand against gun violence.
While many Michigan Wolverine fans traveled to Indianapolis for the Final Four, many stayed in Ann Arbor. Police are now preparing for any planned celebrations in the area.
The Michigan Wolverines are less than 24 hours from competing in the Final Four against Arizona. It is the team's first time in the Final Four since 2018.
Detroit police made their presence Friday night as large crowds gathered around the downtown area. Police say it was in response after dozens of teens flooded the area Monday night.