In September, inflation crept higher than anticipated, with the annual rate reaching 2.4%, surpassing forecasts.
The monthly Consumer Price Index (CPI) rose by 0.2%, according to the Labor Department. This uptick, though minor, pushes inflation beyond expectations, despite being the lowest rate since February 2021. Core inflation, which excludes volatile food and energy prices, also exceeded predictions, with a 0.3% monthly increase and a 3.3% annual rate.
The inflation rise is largely due to surging food and shelter costs. Food prices jumped 0.4% and shelter costs 0.2%, offsetting a notable 1.9% decline in energy prices. Meanwhile, used vehicle costs and medical services also contributed, rising 0.3% and 0.7%, respectively. Notably, apparel prices surged by 1.1%, underscoring the persistent inflationary pressure in some sectors.
Simultaneously, unemployment claims surged to their highest levels since August, with 258,000 initial filings for the week ending October 5. This rise in jobless claims, up by 33,000 from the previous week, stems from factors such as the aftermath of Hurricane Helene and the Boeing strike, which impacted states like Michigan and Florida. The labor market’s volatility adds another layer of complexity to the economic picture. […]
— Read More: dallasexpress.com
What Would You Do If Pharmacies Couldn’t Provide You With Crucial Medications or Antibiotics?
The medication supply chain from China and India is more fragile than ever since Covid. The US is not equipped to handle our pharmaceutical needs. We’ve already seen shortages with antibiotics and other medications in recent months and pharmaceutical challenges are becoming more frequent today.
Our partners at Jase Medical offer a simple solution for Americans to be prepared in case things go south. Their “Jase Case” gives Americans emergency antibiotics they can store away while their “Jase Daily” offers a wide array of prescription drugs to treat the ailments most common to Americans.
They do this through a process that embraces medical freedom. Their secure online form allows board-certified physicians to prescribe the needed drugs. They are then delivered directly to the customer from their pharmacy network. The physicians are available to answer treatment related questions.