Inflation, Consumer prices
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Annual inflation rate fell to 2.4 percent
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The latest Consumer Price Index released Friday shows that inflation is cooling slightly as apartment prices slowed and gas prices dipped, offering a bit of relief to consumers dealing with rising costs in the past couple of years.
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell. (AP Photo)
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
ATLANTA — Inflation is affecting household budgets across the board, and Channel 2 consumer adviser Clark Howard points to the cost of groceries as exhibit number one. “You’ve got to be careful on everything you buy, where you buy it and when you buy ...