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The Bureau of Labor Statistics reported the national Consumer Price Index for all urban consumers rose 1.8% in May compared with last year, the lowest rate in three months. But the national average masks a wide divergence among metro areas.

A key measure of U.S. inflation was little changed in December while falling energy prices dragged down the broader gauge, giving the Federal Reserve little urgency to raise interest rates soon as it signals a more cautious approach in 2019.

U.S. inflation showed little sign of breaking out in October despite strength in the economy and wages, likely keeping the Federal Reserve on its path of gradual interest-rate increases.

WASHINGTON — Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance and higher rent.

The gain in U.S. wholesale prices reflected higher food and services costs, signaling modest inflation, a Labor Department report showed July 13 in Washington.

Economic growth in recent weeks ranged from “slight to moderate” across the U.S. central bank’s regional districts as wages and inflation remained generally subdued, a Federal Reserve survey showed.

NASHVILLE, Tenn. — Aperia Technologies Inc. has introduced the Halo Tire Inflator, an automatic inflation system that works on trailer and tractor tires.