U.S. Inflation Slowed Sharply
U.S. inflation has slowed sharply as consumer prices rose 7.1% from alst year. This was better than expected news for November and is an encouraging rebound for the economy.
Consumer Prices Rose 8.2% So Far This Year Through September
A report released said that this year through September has seen consumer prices rise 8.2%, Food prices rose 6.6% to a new 4 decade year high.
Consumer Prices Increased to 8.5% Last Month to the Highest Level in 41 Years
Consumer prices increased 8.5% last month, sending United States inflation to their highest level since 1981.
Consumer Prices Rose
Consumer prices rose 7% in last year through December, which is the fastest rate since 1982.
Financial News
The stock market was a mixed bag with the Nasdaq dropping 1.7% and the S&P 500 fell 0.7% while the Dow Jones Industrials Average was mostly flat yesterday. Weekly job…
Inflation Sped Up in October
Inflation sped up in October as prices rose 6.2% last month compared to a year ago. The inflation rate was the highest since 1990.
Consumer Prices Rate at Fastest Pace in 30 Years
Consumer prices rose at the fastest rate in September in almost 30 years. Also, the salaries rose to its highest rate in 20 years.