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July CPI: Many Price Categories Are Still Increasing

July CPI: Many Price Categories Are Still Increasing

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Even though the inflation methodology is controversial, this analysis uses the data within the CPI (indexes and weightings) to recalculate the inflation rate from a sub-category level. The latest seasonally adjusted month-over-month inflation rate was 0.47%, with a non-seasonally adjusted annual rate of 5.37%.

...read full article on Seeking Alpha

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