fruit stand

Midwest CPI Continues Increase

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.8 percent in January, the U.S. Bureau of Labor Statistics reported today. Increases in the indexes for food at home, new and used motor vehicles, household furnishings and operations, and apparel were the largest contributors to the all items increase. The energy index rose 0.1 percent in January as increases in the indexes for electricity and gasoline more than offset a decline in the natural gas service index. Continue reading Midwest CPI Continues Increase

unrecognizable man holding wallet with money

Midwest Consumer Price Index Soars, however Residential Inventory a Bright Spot for the Region

CHICAGO – The Midwest, U.S. consumer price index set by the Bureau of Labor Statistics reached an all time high in October raising 0.8% from September and 6.6% from a year ago.  Challenged supply chains and corporations attempting to recoup capital losses from the pandemic have been the drivers contributing to the recent inflation. Continue reading Midwest Consumer Price Index Soars, however Residential Inventory a Bright Spot for the Region