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America’s inflation continued to slow in September, reaching a fresh three-and-a-half-year low and coming in at a pace that’s similar to what was seen in 2017 and 2018, according to data ...
The UK’s Office for National Statistics releases October inflation data. The US Labor Department releases its Producer Price Index for October. The US Commerce Department releases October retail ...
The latest inflation data puts the US economy back in the 'Goldilocks' zone. Jennifer Sor. January 16, 2025 at 12:48 PM. ... On a monthly basis, core CPI rose less than expected in December,
Aside from rent and car insurance, prices in most other categories are getting back to normal. In 21 of the 28 categories we track, inflation is lower than wage growth and also less than 3%.
That pushed the annual increase back to 3.3% from 3.2% the previous month. Both inflation measures are still well above the Fed’s 2% goal. What foods are increasing in price the most?
Like a cold you can't kick or a friend who won't take a hint, inflation is sticking around. January's consumer price index rose 3% from a year ago.That's higher than the 2.9% forecast and marks ...
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [ 183 ] childcare [ 184 ] and electricity [ 185 ] still outpaced inflation at around 5%.
New seasonal adjustments released by the BLS on Friday also switched December's initial reading of a 0.1% monthly drop in headline inflation to an increase of 0.1% in the year's final month.