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Inflation refers to the rise in prices of goods and services over time, which reduces the purchasing power of the dollar. The inflation rate is the percentage that describes how quickly these prices are rising. While several government datasets track price changes, the Consumer Price Index (CPI) represents about 90% of the US population. More @Wikipedia
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- What is the current inflation rate in the US? | USAFactsInflation refers to the rise in prices of goods and services over time, which reduces the purchasing power of the dollar. The inflation rate is the percentage that describes how quickly these prices are rising. While several government datasets track price changes, the Consumer Price Index (CPI) represents about 90% of the US population.
- What is the inflation rate of the Washington, DC area?But because food and energy prices can be highly volatile due to factors like weather or supply chain disruptions, core inflation excludes these categories. In November 2024, the Washington, DC area had a headline inflation rate of 2.7% and core inflation of 3.0%.
- 2024 Current State of the Union: US Energy - USAFactsIn 2022, the US exported about 27.1% more energy than it imported. Average prices for a gallon of regular-grade gas fluctuated between $3.29 and $3.81 in 2023 after reaching nearly $6 in June 2022. Average energy consumption per person, as measured by a 12-month average, has trended downward since 2000.
- What is the inflation rate of the Philadelphia, PA area?But because food and energy prices can be highly volatile due to factors like weather or supply chain disruptions, core inflation excludes these categories. In October 2024, the Philadelphia, PA area had a headline inflation rate of 3.4% and core inflation of 4.0%.
- What is the inflation rate of the St. Louis, MO area? - USAFactsBut because food and energy prices can be highly volatile due to factors like weather or supply chain disruptions, core inflation excludes these categories. In October 2024, the St. Louis, MO area had a headline inflation rate of 2.6% and core inflation of 3.5%.
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