Keckley Report October 13, 2024
With the election 22 days away and inflation the key issue for voters, the latest Consumer Price Index report from the Bureau of Labor Statistics is especially important. Released last Tuesday, it shows:
- The all-items CPI for urban consumers increased 0.2% in September and 2.4% in the last 12 months–down from its troubling spike at 9.1% in June, 2022.
- Food, energy and housing prices, which account for 57% of the entire CPI, have moderated including a gradual monthly decline in energy prices.
- But prices for healthcare–medical products, professional services and health insurance—have increased more than other categories. In fact, since 1982 when the BLS began recording monthly CPI price changes, prices for all items increased 215% vs. medical product...
Today's Sponsors
Today's Sponsor