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This Texas metro area saw an inflation rate of 5.3% over the last year. This Texas city has the biggest inflation problem in the country, study says Skip to main content
The country reached an 8.3% inflation rate in August, the most recent month for which Consumer Price Index data is available from the Bureau of Labor Statistics. See: Consumer Price Index Shows...
That's helped lower the inflation rate to its current level from a recent peak of 9.1% in June 2022, yet the last leg of the Fed's journey to push inflation down to a 2% annual rate is proving ...
In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156] Inflation is believed to have played a major role in a decline in the approval rating of President Joe Biden, who took office in January 2021, being net negative starting in October of that year. [157]
While lawmakers have lauded increased funding to public education, inflation-adjusted numbers reveal a different story. Analysis: Texas schools facing lowest inflation-adjusted state, local ...
The current rate of inflation, as measured by the Consumer Price Index (CPI), is 3.1% over the last 12 months, as of February 2024. While this might seem pretty reasonable, it comes after several ...
Inflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
Economic challenges stemming from the COVID-19 pandemic caused inflation to spike around the world. In the U.S., it hit a 40-year high in 2022, according to Pew Research. Fortunately, the inflation...