That day, the U.S. Bureau of Labor Statistics releases the Consumer Price Index in a report that breaks down the inflation rate across various categories. It will let us look at how prices went up in different industries, ranging from energy to food to utilities and many other goods and services.
He added, “The time for moderating the pace of rate increases may come as soon as the December meeting.”, numbers showed inflationary pressure on the U.S. economy was easing. The CPI index rose 0.4 percent in October, the same as in September, and about 7.7 percent ahead of 2021 numbers. BLS reported that the core CPI, which excludes food and energy prices, increased by 0.3 percent from the previous month. The core measure dropped 6.3 percent from what was the highest in 40 years.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The List: Here's the largest corporate accounting firms in Jacksonville - Jacksonville Business JournalThe List: Here are the area's largest accounting firms
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Breeze Airways adds new routes from Jacksonville, brings others back - Jacksonville Business JournalThe changes come as the airline is expanding at airports around the country.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Breeze Airways adds new routes from Jacksonville, brings others back - Jacksonville Business JournalThe changes come as the airline is expanding at airports around the country.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Independent contractor rule could trip up small businesses - Jacksonville Business JournalThe Department of Labor is planning a new rule that could have significant implications for businesses employing independent contractors. Here's what businesses need to know.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Aviation trends this year - Jacksonville Business Journal2022 began Jacksonville International's climb out of the depths of Covid. Here's where things stand now — and what's on the horizon.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Corner Lot secures national 2022 Developer of the Year award - Jacksonville Business JournalCorner Lot projects with attainable housing components were key to earning the award.
Source: JaxBizJournal - 🏆 599. / 51 Read more »