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Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019. More than 85% of consumers report feeling frustrated with rising grocery … Read more
“We will protect our environment,” Carter said in 1979. “But when this nation critically needs a refinery or a pipeline, we will build it.” Read More
MOSCOW (Reuters) – Russia’s inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical agency Rosstat reported on Wednesday. This data follows the central bank’s unexpected decision last week to maintain its key interest rate … Read more
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Response rates to a survey underpinning estimates of UK GDP and inflation rates have fallen in a similar way to a decline in the jobs survey, prompting the Office for National Statistics to take emergency … Read more
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