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Stock impact report

Despite inflation, some everyday products actually dropped in price this year [CNN]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: CNN
The prices of everyday goods and services were up 2.5% from January through November of this year, Bureau of Labor Statistics data shows. That's down from 3.1% in 2023 and 6.4% in both 2022 and 2021 for that comparable period. Although prices may not be rising as fast as they have in recent years, and wages are growing faster than inflation, that still doesn't deliver warm and fuzzies to the kitchen table or the bank account. The cumulative effect of the once-in-a-generation inflation event has taken its toll But in a time of good tidings and fresh starts, it's worth highlighting some of the price-related “wins” of the past year, what's behind them and what's ahead in the year to come. Here's a snapshot of some of the major categories that have seen price declines this year, according to Consumer Price Index data though November. Fuel oil (home heating oil) 2024 price change (through November): Down 16.8% When it comes to energy costs, silver linings are growing paper-thi Show less Read more
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