US EditionUS inflation fell more than expected to 2.8% in February
- U.S. inflation fell to 2.8% in February, down from 3% in January, according to the Bureau of Labor Statistics .
- The Producer Price Index remained flat last month, with a 3.2% overall increase in the past year, BLS reported.
- Egg prices surged by 58.8% year-over-year, significantly affecting consumer price changes, according to BLS.
- Prices for gasoline decreased by 4.7%.
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Sydney Morning Herald+2 Reposted by 2 other sources
Chalmers reveals Alfred’s damage to the budget, inflation and growth
With just a week until Jim Chalmers delivers the budget, two think tanks say both sides of politics have to come up with ways to make the economy grow faster.
·Sydney, Australia
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Havasu News
Havasu NewsSheldon H. Jacobson: Focus on increasing buying power, not reducing prices
The recent Consumer Price Index report from the Bureau of Labor Statistics showed that prices have risen by three percent from one year ago. This is one percent above the Federal Reserve’s two percent inflation target, which they base on the Personal Consumption Expenditure Price Index. No matter what these indexes say, people are paying more today for what they purchase. Egg prices have been in the news, as one dozen eggs now costs over $5. Som…
·Cherokee County, United States
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Total News Sources244
Leaning Left33Leaning Right33Center84Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
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