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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%.
- 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%.
- US Energy Statistics and Data Trends: Renewables, fossil fuels ...The energy category includes electricity, motor fuel, gas utilities, and fuel oil. Energy prices are known to be volatile compared to other categories of spending. Energy prices may increase or decrease for several factors including changes in weather, production, imports, storage, delivery capabilities, or market activity.
- What impacts the price of oil in the US? | USAFactsThe US Energy Information Administration tracks the stock levels of the Strategic Petroleum Reserve and how OPEC impacts the energy markets. The EIA publishes spot prices data daily. Figures in this article refer to West Texas Intermediate spot prices unless otherwise noted.
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