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Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major source of public discontent that helped drive ...
Grocery prices jumped 0.4% last month, after roughly a year of mild increases, though they're just 1.3% higher than a year earlier. Still, food prices have risen nearly 25% from pre-pandemic levels, which has hammered many Americans' budgets and taken on a high profile in the presidential campaign.
Rent increased 0.3% for the second month, continuing a slowing trend and nudging down the annual increase from 4.3% to 4.2%, the smallest in nearly three years. Lower rents for new leases are ...
Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major source of public discontent that helped drive President-elect Donald Trump’s victory over Vice President Kamala Harris in November. Still, most economists expect inflation to decline further ...
And that category has been running stubbornly higher than inflation for more than two years, BLS data shows. After peaking at 8.2% in March, it has trudged lower and now sits at an annual rate of ...
The yield on the 10-year Treasury note jumped Wednesday to 4.62% in response to the inflation report, a sign that investors expect interest rates, growth and inflation to be higher in the coming ...
On a "core" basis, which strips out the more volatile costs of food and gas, prices in January climbed 0.4% over the prior month, higher than December's 0.2% monthly gain and the largest monthly ...
The Consumer Price Index, which measures price changes across commonly purchased goods and services, was 2.4% for the 12 months ended in September, slowing from a 2.5% annual rate in August ...