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Business - KSYL-AM

Cyril Marcilhacy/Bloomberg via Getty Images(NEW YORK) -- A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end -- but the costs of some staple items continue to soar. Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown from a peak last summer of more than 9%, government data showed. The aftereffects of pandemic-induced supply chain blockages and the Russia-Ukraine war, however, have kep...
United States Cyril Marcilhacy Bloomberg Mark Hamrick David Ortega Michigan State University Michigan State
Source: ksyl.com

Business - Carroll Broadcasting Inc.

Cyril Marcilhacy/Bloomberg via Getty Images(NEW YORK) -- A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end -- but the costs of some staple items continue to soar. Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown from a peak last summer of more than 9%, government data showed. The aftereffects of pandemic-induced supply chain blockages and the Russia-Ukraine war, however, have kep...
United States David Ortega Cyril Marcilhacy Bloomberg Mark Hamrick Michigan State University Michigan State
Source: wkjc.com

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