Boston inflation index

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International Countries with the highest inflation rate Economy Prices of selected food products in Nigeria Fossil Fuels States with lowest diesel prices in Nigeria Profit from additional features with an Employee Account.

Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header. Profit from additional features by authenticating your Admin account. Then you will be able to mark statistics as favourites and use personal statistics alerts. Please log in to access our additional functions. Yes, let me download! Consumer prices rose 5. Even stripping out food and energy, which are more volatile than other goods and services in the index, prices were up a hefty 4 percent from September The higher rate of inflation for the past year will translate to a 5.

Economists warned that prices would climb quickly as consumers, flush with government stimulus dollars, ramped up spending; businesses passed along the cost of higher wages needed attract workers; and COVID-induced disruptions to distribution networks left many products in short supply, causing price increases. But forecasters are now saying that prices will remain elevated much longer than they previously predicted — likely through most of — rather than retreating by the end of this year as they thought a few months ago.

Those ports together handle 40 percent of shipping containers arriving in the United States. He also announced commitments from Walmart, FedEx, and UPS to ramp up their operations to move more goods at night, and called for other companies to do the same. But the markets recovered after she later told the Wall Street Journal that she was neither predicting nor recommending a rate hike.

It will be particularly important to see whether wages and prices continue to be relatively unresponsive to a tightening labor market. Hourly wage growth in the private sector rose above 6 percent during the pandemic, from about 3 percent before COVID hit, and has since settled back in recent months to about 5 percent. But that reflected a significant change in the makeup of the US workforce, with millions of low-wage jobs in consumer-facing businesses disappearing, while higher-paid workers were able to work remotely.

Rosengren noted that the Employment Cost Index , a government measure that adjusts for such labor market changes, has been stable throughout the pandemic. And he said that recent gains in consumer prices were exaggerated by a rise in energy prices from very low levels caused by the pandemic.

He ended his presentation with a note of caution about the recovery, reiterating his concern that millions of Americans remain out of work.