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Why It Pays to Watch Inflation

If it feels like the cost of living is on the rise, you’re not imagining it. When the Bureau of Labor Statistics released its consumer price index data for December, it revealed a monthly increase of 0.02% and an uptick of 2.3% for 2019.

That was the biggest annual increase since 2011.

The consumer price index tracks changes in price for a bundle of goods and services that consumers routinely purchase. It is a gauge of changes in Americans’ cost of living, which also serves as a measure of inflation.

Sarah Goldberg
Sarah Goldberg

Sarah is a seasoned financial market expert with a decade of experience. She's known for her analytical skills, attention to detail, and ability to communicate complex financial concepts. She holds a Bachelor's degree in Finance, is a licensed financial advisor, and enjoys reading and traveling in her free time.

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