The Retail Rundown: Beef Dominates Total Sales; CPI Data Released
In this week’s retail rundown, we explore the economy and inflation with the latest CPI data signaling slowing inflation.
The Bureau of Labor Statistics released the Consumer Price Index (CPI) data this morning, showing the index up 6.5% overall in December, in line with what analysts were anticipating. The food index rose 0.3% last month, following a 0.5% increase in November.
The food away from home index was up 0.4% last month. Food at home rose by 0.2%. The index for meats, poultry, fish, and...
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