Rising Gas Costs Push Up Consumer Prices - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

Rising Gas Costs Push Up Consumer Prices

WASHINGTON (AP) - Consumer prices rose in January for only the second time in four months, pushed up by higher costs for food, gas, rent and clothes.

The Labor Department says the consumer price index increased 0.2 percent last month, after a flat reading in December. Both November and October were revised slightly higher to show an increase of 0.1 percent and no change, respectively.

Excluding volatile food and energy, so-called "core" prices ticked up 0.2 percent. Medical care and tobacco prices also increased. Car prices were unchanged, and airfares fell.

Prices rose 2.9 percent for the 12 months ending in January. That's down slightly from December's year-over-year change of 3 percent. Core prices moved up 2.3 percent, the largest 12-month increase in more than three years.

  • News HeadlinesNewsMore>>

  • WSC employees publish 'Why Bullying?' book

    WSC employees publish 'Why Bullying?' book

    Friday, October 20 2017 9:25 PM EDT2017-10-21 01:25:09 GMT
    WSC employs wrote a second book to bring awareness to bullying and its impact on people. (Source: KAUZ)WSC employs wrote a second book to bring awareness to bullying and its impact on people. (Source: KAUZ)

    A corporation that employs people with disabilities also empowers them through writing books.  

    A corporation that employs people with disabilities also empowers them through writing books.  

  • Customers help reopen Nocona restaurant

    Customers help reopen Nocona restaurant

    Friday, October 20 2017 7:42 PM EDT2017-10-20 23:42:09 GMT

    A popular Nocona restaurant is serving up food once again after shutting down from fire damage. Bear's Den Diner caught fire two months ago after a trailer only feet away caught fire and heavy winds spread it to the restaurant. Bear Weller, the owner, said the only reason his kitchen is open is that of his customers. 

    A popular Nocona restaurant is serving up food once again after shutting down from fire damage. Bear's Den Diner caught fire two months ago after a trailer only feet away caught fire and heavy winds spread it to the restaurant. Bear Weller, the owner, said the only reason his kitchen is open is that of his customers. 

  • WFISD working to decrease turnover

    WFISD working to decrease turnover

    Friday, October 20 2017 7:36 PM EDT2017-10-20 23:36:22 GMT

    Wichita Falls ISD is working to decrease teacher turnover. 

    Wichita Falls ISD is working to decrease teacher turnover. 

Powered by Frankly