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The Consumer Price Index Jumped Sharply - Apartment Prices Continue to Fall
Summary by Israel Hayom
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The Consumer Price Index for August surprised with a sharp increase of 0.7% • The annual inflation rate fell to 2.9% • Housing prices fell by 0.2% last month, but apartment maintenance prices rose by 0.8%
The consumer price index rose 0.7% in August, with increases in housing and transportation, and decreases in fruit and clothing; home prices fell slightly in August, but have risen 1.6% over the past 12 months. The post August Index: Inflation Moderating, Home Prices Declining appeared first on Knitted News.
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