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Bookmark or Share- Current US Inflation Rates: 2000-2023Current US Inflation Rates: 2000-2023. The annual inflation rate for the United States is 6.5% for the 12 months ended December 2022 after rising 7.1% previously, according to U.S. Labor Department data published Jan. 12. The next inflation update is scheduled for release on Feb. 14, 2023, at 8:30 a.m. ET. It will offer the rate of inflation over the 12 months ended January 2023.
- Inflation - WikipediaConceptually, inflation refers to the general trend of prices, not changes in any specific price. For example, if people choose to buy more cucumbers than tomatoes, cucumbers consequently become more expensive and tomatoes cheaper. These changes are not related to inflation; they reflect a shift in tastes.
- Inflation, explained: Why prices keep going up and who’s to blame - CNNInflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Let’s start with the simplest version: Inflation happens when prices broadly go up. That “broadly” is...
- What Is Inflation? How Does It Work? – Forbes AdvisorInflation occurs when prices rise across the economy, decreasing the purchasing power of your money. In 1980, for example, a movie ticket cost on average $2.89. By 2019, the average price of a...
- How Much Has Inflation Increased In 2022? And Are Prices Still Rising?Inflation is a process through which money loses purchasing power over time. Put another way, over time, prices for goods and services tend to rise. Economists generally agree that a relatively...
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