Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday. The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by Dow Jones had been looking for respective readings of 0.4% and 3.1%.
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7.2K views · 70 reactions | Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the latest official figures. Sky's Helen-Ann Smith explains what this means for the cost of living. Read more: https://trib.al/Eok8ZQH  Sky 501, Freeview 233 and YouTube | Sky News | Facebook
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7.2K views · 70 reactions | Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the latest official figures. Sky's Helen-Ann Smith explains what this means for the cost of living. Read more: https://trib.al/Eok8ZQH  Sky 501, Freeview 233 and YouTube | Sky News | Facebook
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