Prices in those categories are up 18.6%, 3.2%, 3.4% and 1.4%, respectively. A surge in new and used car prices a few years ago is likely now fueling high inflation for car insurance premiums and ...
But CPI housing inflation remains stubbornly high. Other categories, such as auto insurance, remain elevated. Some of President-elect Donald Trump's policies are likely to be inflationary ...
Consumers saw inflation pick up slightly in November as price increases in categories including groceries, gasoline and new cars outweighed a deceleration in others such as shelter during the month.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...