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Not Just Food and Fuel—Inflation Numbers Show 'Worrying Trends' as Midterms Loom
Gasoline and service costs pushed the Federal Reserve’s preferred inflation measure higher, with core prices also rising 3.1% from a year earlier.
Summary by Common Dreams
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4 Articles
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BizToc
Inflation heats up again, days before midterm elections
Rising gas prices drove much of the inflation increase as renewed violence in the Middle East has kept oil prices above $100 a barrel, up from below $70 before the Iran war. But prices also rose outside of fuel costs.
September Inflation Hits 3.7% as Gas Prices Jump
WASHINGTON (AURN News) — Americans are getting some relief at the grocery store, but they’re still paying more to make ends meet. Federal data shows grocery prices dipped 0.1% in September, while annual inflation rose to 3.7%, up from 3.4% in August. Here’s what’s driving the pain: Gasoline prices jumped 9.1% in September and were […]
Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center0Last Updated100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
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