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The inflation rate was 3.5% for the 12-month period ending in March and 3.2% for the year ending in February. April ended a streak of consecutive months of rising inflation.
There's plenty to like about the U.S. economy heading into 2024. Inflation is way down from a year ago, GDP growth keeps beating expectations and employers have added an average of 239,000 jobs a...
In 21 of the 28 categories we track, inflation is lower than wage growth and also less than 3%. That suggests inflation will continue to moderate, even if the headline number is a bit too high for ...
A closely watched report on US inflation showed consumer price increases ticked lower on an annual basis during the month of September but "core" prices remained sticky, according to the latest ...
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 ...
However, there are times when the CPI exhibits a change of a significantly different magnitude (or direction) compared to the PPI. This is due to the different definition and uses of the two indices. A primary use of the PPI is to deflate revenue streams in order to measure real growth in output.
April's Consumer Price Index showed inflation moderating, a welcome sign. But as many categories fell, core services inflation has remained a bugaboo for the Fed — and consumers.
Trend of monthly inflation rate in Italy, from 1962 to February 2022. In macroeconomics, a wage-price spiral (also called a wage/price spiral or price/wage spiral) is a proposed explanation for inflation, in which wage increases cause price increases which in turn cause wage increases, in a positive feedback loop. [1]