Price Inflation Heating Up Based on June CPI
4 Articles
4 Articles
The Economic Truth Beneath “Headline” Inflation…
There’s a funny thing about the prices of goods and services. Prices are seemingly always going up. For the most part, it’s true. Two occasions when prices actually fell were: 1929-1933 — During the Great Depression, prices actually fell around 27% as the unemployment rate reached as high as 25%. 2009 — At the height of the Great Recession, consumer prices fell just over 2% as unemployment reached 9.5%. The reason the price of goods and service…
US CPI stops falling in June: overall year-on-year rate rises to 2.7%, core to 2.9%
The Corner Link Securities | The Department of Labor reported that the US consumer price index (CPI) rose 0.3% in June compared to May, in line with the consensus forecast by FactSet analysts. In June, clothing prices rebounded by 0.4% (versus a drop of 0.4% in May) and transportation services by 0.2% (versus a drop of 0.2% in May), while the growth in healthcare services prices accelerated (0.6% versus 0.2% in May)....
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium