Inflation shock hits as shelter prices boost CPI

Tuesday’s 5% plunge in the NASDAQ adopted a higher-than-forecast Aug year-on-year rise associated with 8. 3% in the US Consumer Price Catalog. Shelter, which represents almost a third from the index, accounted for the majority of the surprise, rising 6. 6% year-on-year, according to the Bureau of Labor Statistics. The only surprise is that investors did not see this one […]

The write-up Pumpiing shock hits as shelter prices enhance CPI appeared first on Asian countries Times .

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