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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. ... Dallas-Fort Worth-Arlington ...
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 ...
This Texas metro area saw an inflation rate of 5.3% over the last year.
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
While most countries saw a rise in their annual inflation rate during 2021 and 2022, some of the highest rates of increase have been in Europe, Brazil, Turkey and the United States. [ 120 ] [ 121 ] By June 2022, nearly half of Eurozone countries had double-digit inflation, and the region reached an average inflation rate of 8.6%, the highest ...
Dallas ranks second for highest inflation rate among U.S. cities, while Houston secured the No. 10 spot.
The Bureau of Labor Statistics released its January Consumer Price Index (CPI) at 8:30 a.m. ET on Tuesday. Here are the main figures from the report, compared to Wall Street estimates.