Surging prices show the Fed must continue its tough battle against inflation
Anonymous
37 x views • 3 years ago
On a monthly basis, overall consumer prices increased by 0.4% from August, according to data released Thursday by the Bureau of Labor Statistics. Economists had projected that the monthly figure would rise by 0.2%.
On an annual basis, prices rose by 8.2% in September, a slower increase than the 8.3% rise seen in August, the Consumer Price Index, which measures the changes in prices for a basket of consumer goods and services, showed. Economists had projected the pace of price increases would slow to 8.1% last month. Read more https://bit.ly/3CRmBZl
On an annual basis, prices rose by 8.2% in September, a slower increase than the 8.3% rise seen in August, the Consumer Price Index, which measures the changes in prices for a basket of consumer goods and services, showed. Economists had projected the pace of price increases would slow to 8.1% last month. Read more https://bit.ly/3CRmBZl
