There’s not much diesel fuel lying around, and lots of people want to buy what is available, as well as what little is produced each day. It’s all a matter of supply and demand.
Articles on Consumer prices
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The effects of the Trump administration’s 2025 tariffs are still being passed on to consumers, while new levies will add to the overall tariff rate.
US consumers, already feeling pain at the gas pump, can expect higher prices and prolonged shortages for goods of all sorts, including food, as additional consequences of slowed oil production.
Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture of how we deal with rising costs.
The Federal Reserve is being characteristically cautious.
The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
Central banks are raising interest rates to tame inflation, but 2023 will increasingly turn a technical decision into a political challenge.
The Fed is waging war to get inflation down to its preferred level of around 2%. An economist explains what’s so special about that number.
Many voters say inflation is the issue that matters to them most as they head to the polls. The problem is, the people they choose can’t do much about it.
About a third of American adults in Generation Z lack the money or resources needed for reliable access to nutritious food.
The US economy gained more jobs than expected in June, although it was still a decline from May. An economist explains what the new numbers mean.
Despite the ruble’s recovery, sanctions have actually dealt a punishing blow to the Russian economy. But changing Putin’s mind is another matter.
Inflation is rising at the fastest pace since Ronald Reagan was president.
Inflation in the UK in August rose at the highest rate in a decade.
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
Weather has an impact on the sales of certain products, and new research shows that timely adjustments in price and advertising can make it possible for firms to increase profits.
Kenya’s high consumer food prices are worrying because they are unresponsive to the policies pursued. The country needs to address this and improve planning to attain stability.
Top contributors
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Professor of Economics, University of Nebraska Omaha
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Associate Professor, Darden School of Business; Research Associate Professor, Biocomplexity Institute, University of Virginia; Cornell University
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Doctorant en Économie, Université Paris Cité
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Professor of Economics, EM Normandie
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Research Fellow, Tegemeo Institute, Egerton University
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Associate Professor of Economics, University of South Carolina
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Associate Professor of Finance, Texas State University
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Food and Agriculture Survey Scientist, Purdue University
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Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London
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Associate Professor of Economics, Pace University
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Enseignant-chercheur en économie et marketing, Kedge Business School
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Professor of Agricultural Economics, Purdue University
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Professor of Economics, Colorado State University
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Senior Lecturer in Economics | Freelance Consultant, Sheffield Hallam University
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Professor of Government, Wesleyan University