Reported 2 months ago
In September, the Consumer Price Index (CPI) showed a modest inflation increase, rising 0.2% month-over-month and 2.4% annually, slightly above expectations. Key highlights include a significant 16.3% rise in auto insurance costs and a notable drop in gasoline prices. Yahoo Finance's Madison Mills and Brad Smith discuss these trends and their implications on wage growth amidst inflation.
Source: YAHOO