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The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
Inflation hit past 100% in February 2023 for the first time since 1991. [197] [198] Argentina's December 2023 annual inflation was the highest in the world at 211.4%. [199] Chile had low inflation for several years thanks to the monetary policy of its autonomous central bank.
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
That was one of the main reasons why CPI jumped by 0.4% on a monthly basis in February. The latest PCE data from January had gas prices falling by 5.2% from December. (CPI also found gas prices ...
Something about our wallets getting tighter makes words like “inflation” and “GDP” take on new meaning in the minds of The post How did inflation get so bad? Here are 4 key reasons ...
BLS data published Tuesday showed that motor vehicle maintenance and repair costs in U.S. cities increased 6.2% last month compared to a year earlier, outpacing inflation's year-over-year increase ...
Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).
In a highly charged -- and quite unprecedented -- presidential election, inflation remains one of the top issues for voters. Indeed, a recent YouGov survey found that nearly two-thirds (64%) of...