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Consumers aren't worried about spiking prices — yet

Jun 17, 2021
Consumer inflation expectations aren't rising sharply, according to Morning Consult, consistent with the Fed's view that most inflation right now is "transitory."
Prices for all items were up 5% year over year in May, per the latest consumer price index data.
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We're paying more for restaurant meals

Jun 11, 2021
Restaurant prices are up 4% compared to May of last year.
Restaurant prices are rising because of higher commodity prices and higher wages for employees. Businesses are passing those costs along to consumers.
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Food prices are rising. Is that a problem?

Jun 10, 2021
The latest numbers from the Bureau of Labor Statistics show that food prices rose in May. That's a trend that will likely continue in the short term.
Food prices jumped about half a percent in May, mostly because of meat, poultry, fish and eggs.
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Consumer prices jumped again in May

Jun 10, 2021
There was a 0.6% increase in prices over April and 5% over the past year, the biggest 12-month inflation spike since 2008.
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Consumer prices jump, especially for cars, flights and other ways to get away

May 12, 2021
Inflation data shows that consumer prices went up 4.2% year over year — the most since 2008.
Car-rental prices have leaped, registering a 16% monthly increase in April. Consumer prices overall rose 4.2% year over year, outpacing forecasts.
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Consumer prices jump 0.8% in April

May 12, 2021
The rise in inflation over the past year is at its fastest rate in more than a decade.
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Lumber isn't the only thing that's getting more expensive for contractors

Apr 22, 2021
Everything that goes into a building project, from diesel fuel to plastics to gypsum for drywall, is getting more expensive.
Sharply rising prices for all kinds of raw materials are hurting residential and commercial builders alike.
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For public good, not for profit.

Consumer prices jump 0.6% in March, biggest gain since 2012

Apr 13, 2021
The gains are largely expected to be a temporary blip rather than a reawakening of dormant inflation.
Gasoline price spikes accounted for about half of the monthly increase in consumer prices, the U.S. Bureau of Labor Statistics says.
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Prices for U.S. consumers are up where it matters most

For things like groceries and gasoline, prices are actually up.
Inflation isn't entirely dead. Where it matters most, in the cost of food and the cost of energy, prices are going up.
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Does measuring inflation matter during a pandemic?

May 12, 2020
How prices of many basic goods and services change usually tells us a lot about where the economy is headed.
A gas station in Los Angeles in March. CPI data shows gas prices fell more than 20% last month.
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