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Mobilus In Mobili
A press release from the ministry claims that cheaper gasoline in the US is the main cause of the decline in commodities prices. Additionally, while the month-end food price index grew by 0.3%, gasoline prices decreased by 9.4% in the same time period.
The CPI in the USA was 6.5% at the end of last year. Due to the US Federal Reserve's rapidly hiked lending rates toward the end of the year, the figure sharply decreased.
The 12-month CPI reached its highest point since 1981 in June, rising to 9.1%. However, the nation's inflation rate for 2022 was far higher than the Fed's target of 2%.
source: cnn.com
The CPI in the USA was 6.5% at the end of last year. Due to the US Federal Reserve's rapidly hiked lending rates toward the end of the year, the figure sharply decreased.
The 12-month CPI reached its highest point since 1981 in June, rising to 9.1%. However, the nation's inflation rate for 2022 was far higher than the Fed's target of 2%.
source: cnn.com
