US Consumer Prices Expected to Rebound After Shutdown-Related Distortions
Analysts suggest that temporary effects from the recent government shutdown may have held inflation data back, but a recovery in consumer price growth is anticipated.
Summary
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Terms & Concepts
Consumer Price Index (CPI): A measure that examines the average change in prices paid by consumers for goods and services over time.
Government Shutdown: A temporary closure of non-essential federal operations when funding legislation is not enacted.