Reported 28 days ago
Recent data from the Bureau of Labor Statistics shows that inflation has reached a three-year low, with prices on common goods such as cell phones, furniture, and used cars experiencing notable decreases. While the overall Consumer Price Index only rose 2.5% year-over-year, leisure and household items showed significant cooldowns. However, costs like restaurant meals and auto insurance remain high, highlighting mixed trends in the current economic climate.
Source: YAHOO