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However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The Personal Consumption Expenditures (PCE) Price Index rose 0.3% last month, the largest increase since last April, after an unrevised 0.1% gain in November, the Commerce Department's Bureau of ...
The 10-year breakeven inflation rate, for example, stood at 2.42% as of Thursday, near its highest levels of the year but inside a range that has been more stable between 2% and 2.4% over the last ...
Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase, primarily due to unfavorable comparisons from a year ago and stubborn housing-related inflation.
The 1990s began with elevated inflation rates due to financial crashes and the Persian Gulf War, though rates would fall below 3% from 1994 to the end of the decade. 1990 : 5.4% 1991 : 4.2%
"These data support that strategy."The Personal Consumption Expenditures (PCE) Price Index rose 0.3% last month, the largest increase since last April, after an unrevised 0.1% gain in November ...
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures remain persistent.
Carter's presidency has the highest average inflation rate on this list at almost 10%, thanks in large part to the continuing energy crisis in the late 1970s. High prices and unemployment led to a ...