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US consumer prices rose 3.4% annually to close out 2023, ... America’s final inflation report for 2023 just came in. Alicia Wallace, CNN. ... Maps and images reveal scale of LA wildfire devastation.
The current conditions index, which evaluates the near-term outlook for consumer demand, inflation, and economic growth, declined by 7.2% month over month, largely due to a double-digit drop in ...
The most recent consumer price index (CPI) report puts inflation at 4.98%, a welcome decline from the absolutely crazy highs seen in 2022, but still well above the 3.28% long-term historical ...
800-290-4726 more ways to reach us. ... four it had forecast in September. Soaring inflation expectations factored into the 5.25 percentage points worth of hikes in the policy rate in 2022 and ...
An analysis conducted by Politico in May 2023 found that in the United States, wage growth for the bottom 10th percentile of the wage scale beat inflation by a strong 5.7% from 2020 through 2022. For the middle 50th percentile, real wages were down by 1%, while they were down 5% for the top 90th percentile.
Meanwhile, the energy index decreased by 1.9% in September, after falling 0.8% in August as gas prices declined a sizable 4.1% last month. On a yearly basis, the energy index was down 6.8%.
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.
NBC News is tracking monthly inflation levels for gas, flights, groceries and more.