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Prices rose 7.1% in November compared to a year ago — less than expected.
A lot of people want to fly, and airlines have fewer seats to sell.
Gas influences how a lot of things cost – but there are other factors behind rising prices.
In part, that’s because restaurants don’t want to scare away customers.
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.
The PCE and CPI measure different things, but the message they send to consumers may influence expectations — that then can affect inflation.
OER, a component of the consumer price index, involves homeowners’ estimates of what their residence would rent for.
Tariffs won’t go away altogether. Some reduction could impact prices, but not immediately.
The core measure strips out food and energy prices, two of the biggest contributors to inflation today.
Home furnishing sales went up 7.2% month over month in January, but why are people buying so much furniture?