Major items such as electricity and gasoline continue to record high growth rates despite slowing inflation
- 1Over the past 6 months, 38% of approximately 175 items in the Consumer Price Index (CPI) recorded an annual growth rate exceeding 3%.
- 2As of September, the proportion of categories that rose by 3% or more on a 12-month basis stood at 47%.
- 3Gasoline prices rose approximately 34% compared to one year ago.
So what's the key point?
Many items still have high price increase rates. Gasoline prices have risen by 34%, increasing the burden of inflation.
Source Yahoo Finance · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.