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After peaking at 6.2% in 2022, we expect inflation to fall to 3.7% for 2023. Over 2024 to 2027, we expect inflation to average just 1.8%—below the Fed’s 2.0% target.
Inflation rate rose at slower pace in January 04:44. Consumer inflation moderated in January, yet remained higher than many economists had expected, driven by rising prices for housing, gasoline ...
Wholesale price Producer Price Index inflation dropped by 0.5% in December. According to the U.S. Bureau of Labor Statistics, PPI inflation was 6.2% in 2022 compared to 10% in 2021.
The harsh inflation that's battered consumers in the pandemic's wake may be subsiding, but that trend isn't yet extending to fast-food chains, which have continued to hike menu prices at a faster ...
Coffee prices soared 9.6% in April compared to a year ago, marking inflation four times higher than the overall rate. Instant coffee prices climbed even faster, jumping 13.5% over the past year.
The inflation data displayed is quarterly for all countries except the following, for which data annual data is displayed: Argentina, Burkina Faso, Central African Republic, ...
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