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"The index for all items less food and energy rose 3.3% over the past 12 months," the Bureau of Labor report said. "The shelter index increased 4.9% over the last year, accounting for over 65% of ...
Metro areas in Georgia, Florida and Maryland all have inflation rates exceeding 9%, ranking in the top five places with the largest inflation spikes in our study. Inflation is lowest in New York ...
Within the BLS' food price index, the cost of food away from home has increased by twice as much as food at home over the past year, with the former rising by 3.6% in the last 12 months compared ...
Florida has highest inflation rate in U.S. The Sunshine State has the nation's highest inflation rate , 3.91%, according to an analysis of index data by Moody’s Analytics based on a three-month ...
A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically, food and energy prices are subject to large changes that often fail to persist and do not represent relative price changes.
Much of the PPI was driven by a rise in food prices, most notably the cost of eggs. “A quarter of The U.S. Bureau of Labor Statistics on Thursday released its Producer Price index, a key marker ...
Even so, food away from home is still up more steeply, rising 7.7% since June 2022 versus 4.7% for food at home over that period, the latest data show. Food inflation is still running hotter than ...
Food inflation remained sticky in October as select items drove prices higher. The cost of groceries climbed 1.1% compared to a year ago, per data from the Bureau of Labor Statistics, and 0.1% ...