INFLATION: Slowing … Slowly!

By Staff Reporters



Consumer price data showed it may be a long and winding road back to normal inflation levels. While inflation continued to cool last month, it did so at a slow pace (prices grew 6.4% annually, compared to 6.5% the month before).

And prices for a variety of goods and services, such as groceries and rent, continued to climb considerably. For example, egg prices in January were up 70% from the prior year.




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