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A chart highlighting U.S. inflation by category shows that, while overall inflation is running at roughly 3% year-over-year, beef and veal prices have risen significantly, up 14.7% from 2023. The data, based on monthly inflation reports from USAFacts, shows that car maintenance had the second-highest price rise at 7.7%, followed by home insurance at 7.5%. Sugar and sweets rose 6.7%, and electricity rose by 6.4%. Some categories saw prices stay below the average inflation rate, including fresh ve
0:43
A chart highlighting U.S. inflation by category shows that, while overall inflation is running at roughly 3% year-over-year, beef and veal prices have risen significantly, up 14.7% from 2023. The data, based on monthly inflation reports from USAFacts, shows that car maintenance had the second-highest price rise at 7.7%, followed by home insurance at 7.5%. Sugar and sweets rose 6.7%, and electricity rose by 6.4%. Some categories saw prices stay below the average inflation rate, including fresh ve
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Wage growth has been dampening inflation all along—and has slowed even more recently
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The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead. | Beaver Dam Daily Citizen
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