US Inflation Hits 2-Year High at 2.6% in September, Says PriceStats

PriceStats data based on online retail prices shows inflation rising for the fifth consecutive month, driven by significant price increases.

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Terms & Concepts
  • PriceStats: An inflation measurement tool that analyzes price changes using online retail data to provide alternative inflation metrics.
  • Year-over-Year (YoY) Inflation: A calculation that compares the change in prices over a 12-month period, indicating how much costs have increased or decreased compared to the same month in the previous year.