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The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
Shelter, for instance, is considered one of the most important items in the overall CPI index — coincidentally one of the hottest corners of inflation right now. That might be why prices have ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
Arghhhh! Inflation is really bad right now. The annualized inflation rate jumped from 8.6% in May to 9.1% in June, the highest level since 1981. Everybody who drives a car knows skyrocketing ...
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
But in recent months, inflation has shown signs of cooling. In June, the rate of inflation fell 0.1%, marking the lowest monthly growth rate since May 2020 and a two-thirds decrease from June 2022.
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 ...