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Tag: US economy gradually recovers

US CPI rises for 4 consecutive months in September but slows down Used car prices rise sharply

US CPI rises for 4 consecutive months in September but slows down Used car prices rise sharply

However, as the US economy gradually recovers from the recession caused by the crisis of the new coronavirus, the labor market is slackening and the inflation rate is slowing down. CPI rose 0.4% in August. Both July and June rose 0.6%. “Prices have risen only modestly as supply chain turmoil has eased and weak demand and […]