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Rising Auto Insurance Premiums Contribute to Inflation, but Expected to Slow Down
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#a3f16c7c ver:0.38

Rising auto insurance premiums contribute to inflation, but expected to slow down. US consumer inflation cooled in January, with CPI rising 3.1% YoY. Inflation remains high in categories like motor vehicle insurance. Housing costs rose by 0.6% in January. Overall inflation is expected to cool with slower wage growth and lower inflation expectations. In metro Denver, inflation dropped 0.1% between Nov-Jan, driven by lower transportation costs. Housing costs remain key drivers of inflation. Consumer prices in the US were up 3.2% YoY in February. Dallas saw the steepest increase at 5.3%. Rising auto insurance premiums have been a driver of inflation, but expected to slow down. #inflation #autoinsurance #housingcosts...

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