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  • Metro East REIA

Inflation Up 7.1% Over 2021

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in November, 2022. However, the all items index was up 7.1% for the 12 months ending in November. Of note; The index for shelter was by far the largest contributor to the monthly all items increase, more than offsetting decreases in energy indexes. Continue reading HERE...

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