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Inflation report is a mixed bag – an economist explains why some items are rising faster than others

  • Written by Edouard Wemy, Assistant Professor of Economics, Clark University
Inflation report is a mixed bag – an economist explains why some items are rising faster than othersOeuf! Egg prices are rising faster than a souffle.Getty Images

Economists worried about soaring inflation got some good news to start the year: The rate of inflation has eased. The first report card of 2023 on consumer prices, released on Jan. 12, showed that the overall cost of goods and services decelerated to an annual pace of 6.5% in December,...

Read more: Inflation report is a mixed bag – an economist explains why some items are rising faster than others

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