According to the Bureau of Labor Statistics, consumer prices rose 0.3% in June, putting year-over-year growth in prices at a little less than 2%. When looking at the core inflation, which extracts out food and energy, consumer prices just barely surpassed the 0%. Overall, both measures of consumer prices are still floating in “low” territory, with both in the lower quartile of prior inflation rates. Consumer Prices by Sector [drizzle]Before going into the geographic view of inflation, here’s a look at consumer prices by sector. Before looking, can you guess in which sector CPI has been the strongest since 2013?…
Can You Guess Where In America Inflation Is The Highest?
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.
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