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CPI looked like it was heading in the right direction — that of lower inflation — at the end of 2022. Is that trend going to continue?
Housing is one of the biggest parts of inflation, but current metrics lag by about a year. The new tenant repeat rent index aims to change that.
When we focus on recent months rather than year-on-year increases, inflation numbers look pretty good, says economist Alan Blinder.
Today’s inflation report showed that both the rent and owner-equivalent rent indexes rose 0.8% in December.
Prices are 3.3% lower than they were a year ago, and have been dropping every month for the last five months. Here’s why.
Prices rose 7.1% in November compared to a year ago — less than expected.
A lot of people want to fly, and airlines have fewer seats to sell.
Gas influences how a lot of things cost – but there are other factors behind rising prices.
In part, that’s because restaurants don’t want to scare away customers.
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.