Inflation picks up again in Jun., rising at 2.7% annual rate
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While U.S. inflation figures didn’t surprise market watchers and investors, the fact that the downbeat expectations were realized still weighed on stocks.
September's year-over-year change in the Consumer Price Index was 3.7%. That's the same as the year-over-year increase of 3.7% in August. Core CPI increased 4.1% from September 2022 to September ...
CLIP #1: Explain the process for revising the CPI, according to Bureau of Labor Statistics (BLS) Commissioner Katharine Abraham. CLIP #1: According to Commissioner Abraham, what problems are not addressed with the standard revisions to the measurement?
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Also, while the CPI is the most widely used barometer of inflation, the Fed’s preferred gauge for its 2% target is the Personal Consumption Expenditures price index, which slowed to 2.5% in June.