Inflation rate remains flat
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The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans.
CHICAGO (WLS) -- What's causing rising prices in 2021? Consumer goods increased more than 5% from last year. The prices of food, appliances, cars and gasoline are on the rise - and the pandemic is not the only reason. Demand for those goods picked up, as ...
The consumer price index rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation rate at 2.3%, its lowest since February 2021. The core CPI also increased 0.2% for the month, while the year-over-year level was 2.8%. Egg prices tumbled ...
The CPI was forecast to rise 2.4% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods and services typically bought by consumers, tracks the change in those prices over time. April's reading reflects the ...
CHICAGO (WLS) -- Inflation is affecting prices as the gas pump, grocery store and more, but President Biden and his administration are already working to lower costs. The Consumer Price Index shot up to 6.8 percent by the end of 2021, the highest it's been ...
Inflation reached an annual rate of 2.3% in April, less than forecasts predicted and a four-year low. Experts told Entrepreneur that the Federal Reserve will approach rate cuts cautiously in light of the data. Inflation fell in April to its lowest rate ...