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Econbrowser – “New indications of inflation” – The Billion Prices Project

Econbrowser – “New indications of inflation”

Where are the inflationary pressures?
The BLS reported on Thursday that the inflation rate as measured by the headline CPI has been 1.6% over the last year. Excluding food and energy, the inflation rate would be 1.0%.
The MIT Billion Prices Project is recording a slightly higher inflation rate for the U.S. of about 2.5%.

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