Housing costs represented more than 70 percent of the total year-over-year price increase for all items less food and energy.
Tag: Consumer Price Index
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One Casualty of a Shutdown: Government Data
A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.
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Inflation Sped Up as Gas Prices Rose
Consumer prices rose 3.7 percent in the year through August, marking another month of accelerating inflation. The Federal Reserve will closely parse the data as it prepares its next interest-rate decision.
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Overall PCE Inflation Ticked Up in July
Overall inflation climbed to 3.3 percent, from 3 percent previously, underscoring the Fed’s long road back to 2 percent price increases.