What is the current CPI rate? The ONS report for November 2024 found that the CPI rate increased to 2.6%, slightly lower than economists’ predictions but notably higher than the 1.7% rate in the year to September 2024. This increase has been driven by a rise in energy bills with October...
We calculate theCurrent Inflation rate(see table below) to two decimal places while the Bureau of Labor Statistics only calculatesinflationto one decimal place. Therefore, while being based on the same government Consumer Price index (CPI-U) our data provides a "finer" view. March and April 2...
From 1 April 2023 we’re increasing the standard monthly charge of some of our products and services by 14.4% as outlined in your contract terms and conditions. This increase is in line with the Consumer Price Index (CPI) % inflation rate published by the Office for National Statistics on ...
What is the current rate of inflation? Inflation has cooled considerably after hitting a 40-year high of 9.1% in June 2022. The Federal Reserve engineered a flurry of rate hikes that have helped to drive down inflation, which stood at2.5% on an annual basis in Augus...
CPI or Consumer Price Index is the change in consumer goods or services purchased by the household for direct or indirect use. Know the current CPI and more in this blog.
What does the U.S. government view as “poverty” or “poor” (or, at least poor enough to be eligible for federal assistance). Am I living below that income level (assuming zero taxes)? Could I live below that level if I had to?So, what is the federal poverty line? Let’s ...
However, those who have been on their current contract for longer will still be on an inflation-linked increase. This will be the CPI rate announced in January, plus EE's own amount of 3.9%. Here’s how this price increase could affect your monthly bill: Current monthly cost6.4% increase...
What is the current Federal Reserve interest rate? The current federal funds rate — what banks charge each other for short-term loans — is in a range of 5.25% to 5.5%. The Fed has hiked its rate 11 times since March 2022 in its battle to curb inflation. That's made i...
The U.S. unemployment rate is released on the first Friday of every month for the preceding month. The current and past editions of the report are available from theBureau of Labor Statistics (BLS). The unemployment rate is the percentage of the labor force without a job. It is a lagging...
CPI-W is used to adjust Social Security payments as well as other federal benefits and pensions for changes in the cost of living. It also shifts federal incometax bracketsto ensure taxpayers aren't subjected to a higher marginal rate as a result of inflation.73 ...