Inflation is cooling, but these 5 things are still getting more expensive ...Middle East

The Hill - News
Inflation is cooling, but these 5 things are still getting more expensive
(NEXSTAR) – Inflation is far from its peak of 9.1% we saw two years ago, but prices are still creeping up. Consumer prices are up 2.6% from a year ago, the Labor Department announced Wednesday. While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still being driven up by growing rent prices, expensive used cars, and pricy air travel. A big driver of inflation over the past month is rising rent, which is up 5% year-over-year according to the latest federal data. Housing represents the biggest part of many families' budgets, and the Census says it's a growing problem. An annual survey of U.S. households found t

Hence then, the article about inflation is cooling but these 5 things are still getting more expensive was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Inflation is cooling, but these 5 things are still getting more expensive )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News


Latest News