Inflation around the US As inflation continues to cool across the US, Northeast may continue to feel pinch U.S. Inflation around the US As US inflation continues to cool, consumer costs largely on the rise in West The cost for used vehicles has also risen by 3.1% in the last month, despite falling by 3.6% in the last year.But prices paid for electricity rose in the last year by 6.4%. Since last May, energy prices have fallen by 13%, again largely due to lower prices for gasoline, which has dipped by a whopping 18.3%.Prices for electricity, however, increased by 0.3% in the month of May. Energy costs fell by 1.2% over the month, mainly due to lower prices for gasoline (2.0% price decline).However, meats, poultry, fish and eggs declined in price by 0.8%. Prices paid for fruits and vegetables saw the largest increase, rising 2.5% from April to May.In the past 12 months, consumer costs have increased by 3.7% in the Midwest, which also includes Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wisconsin.įood prices alone have spiked by 6.8% since last May, though energy costs have fallen by 13%, largely the result of declining prices for gasoline. Now that inflation has fallen to 4% nationally, down from 8.6% a year prior, forecasters have indicated that the Federal Reserve is expected to abstain from another rate hike Wednesday following a historic 14-month wave of interest rate increases. The index measures the average change over time of what urban consumers pay for daily goods and services such as food, clothing, shelter, fuel, transportation fares and charges for doctors' and dentists' services. Released Tuesday, the federal government's consumer price index serves as an inflation gauge prepared monthly by the Bureau of Labor Statistics. Despite the bump in grocery prices, residents of the Midwest region - which is comprised of 12 states, including Ohio, Illinois and Michigan - may have noticed some relief at the gas pump, as gasoline costs dipped by 2% between April and May. ![]() Overall, consumer costs increased in May by 0.3% in the Midwest, with food costs rising by 0.7%., according to the Labor Department’s consumer price index. region have climbed higher and higher in the past 12 months, even as national inflation levels fall. Happy planning!Īnd for more travel tips, check out this guide to traveling with kids, our list of Instagram travel captions, luggage brands for every type of traveler and the best travel items on Amazon to make your vacay a breeze.Midwesterners have likely noticed that their grocery bills continued to rise in May as food costs in the U.S. ![]() ![]() Savannah, Georgia Palm Springs, California Denver, Colorado and Las Vegas, Nevada are just a few options on our list that you'll find perfect for your crew. We have calming and quiet escapes for spa services, romantic destinations you can save for those couples dates and locales with wellness hotels to maintain your healthy lifestyle. If you're looking for some of the best places to travel this month, next month or in October (here are some fall-themed destinations), we've rounded up a list of relaxing, cheap and upbeat girls' weekend getaways you and your best friends will find enjoyable.įrom spending your days shopping and exploring a new town to staying up late after one too many margaritas ( looking to make your own?), the quality time spent on a girls' trip is priceless. ![]() No matter what stage of life you're in, there's something that's incredibly special about weekend trips (especially when it comes to affordable and all-inclusive family vacations and magical island getaways).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |