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Will inflation finally slow down in 2023? This is the burning question as the year comes to a close, and consumers may find some clues in the November consumer price index (CPI) - the final report ...
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Notably, on an annual basis, groceries are up the most since October 2023. Egg prices continued to be a standout, increasing another 3.2% month over month after rising 8.2% in November. The price ...
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.
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However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
Last week's U.S. inflation report dimmed hopes that consumer prices will ease anytime soon, which likely means that in 2023, Social Security recipients will get their highest cost-of-living ...