Friday, January 27, 2023
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Inflation hits 40-year high

in News
Inflation hits 40-year high
Share on FacebookShare on Twitter

Inflation was 7.5% year-over-year in January the largest 12-month increase since February 1982, according to the Bureau of Labor Statistics Consumer Price Index.

Particularly hard hit year-over-year were gasoline and used cars and trucks at 40%.  In the food category steep rises were seen in beef and veal at 16%, pork at 14% and eggs at 13%.

In services admission to sporting events increased 24% and checking account and bank services 14%.

The sharpest price decline was in smartphones, which were down 13%.

The Federal Reserve released a statement in the last week of January anticipating high inflation saying it expects to start raising interest rates soon, as well as ending its net asset purchases in early March.

Tags: CPI price indexJanuary inflation

Related Posts

Ford recalls 462,000 vehicles for rear camera display failure
News

Ford recalls 462,000 vehicles for rear camera display failure

Us inflation and consumer spending fall for 2  straight months
News

US inflation and consumer spending fall for 2 straight months

Intel’s ‘historic collapse’ triggers selloff in chip stocks
News

Intel’s ‘historic collapse’ triggers selloff in chip stocks

Morgan stanley penalizes employees for whatsapp breaches
News

Morgan Stanley penalizes employees for WhatsApp breaches

Fewer americans file for jobless claims last week
News

Fewer Americans file for jobless claims last week

Boeing to be arraigned in court over two max jet crashes
News

Boeing to be arraigned in court over two Max jet crashes

Ad spending on twitter falls more than 70% in dec
News

Ad spending on Twitter falls more than 70% in Dec

Bank of canada raises rates, signals pause
News

Bank of Canada raises rates, signals pause

Microsoft cloud outage impacts users worldwide
News

Microsoft cloud outage impacts users worldwide

Walmart to raise its minimum wage for u. S. Hourly workers to $14
News

Walmart to raise its minimum wage for U.S. hourly workers to $14

No Result
View All Result

Recent Posts

  • Ford recalls 462,000 vehicles for rear camera display failure
  • US inflation and consumer spending fall for 2 straight months
  • Zoom fatigue finally revives travel for in-person company meetings
  • Fast food fans may face liver damage
  • Food delivery wars: Duke professor says there’s a better way

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – stuart.james@ceo-na.com

    Editor-In-Chief – caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising – media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

     

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    stuart.james@ceo-na.com

    Editor-In-Chief –

    caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising –
    media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In