Frederica Wealth Advisory’s Post

Understanding today's inflation report: While consumer prices rose 2.7% from last year, we're seeing interesting shifts across the economy. Housing costs, which have been a major driver of inflation, posted their smallest increase since 2021. Food prices are showing mixed signals—overall costs rose 0.4%, but cereals and bakery products saw their biggest monthly drop since 1989. What does this mean for consumers? While inflation remains above the Fed's 2% target, certain everyday expenses are starting to stabilize. Your purchasing power is gradually strengthening in specific areas. 💼 #Economy #Inflation #FinancialMarkets #ConsumerPrices https://lnkd.in/dnVXz2fV

Annual inflation rate accelerates to 2.7% in November, as expected

Annual inflation rate accelerates to 2.7% in November, as expected

cnbc.com

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