Critical inflation report to be released, first since shutdown
Share this @internewscast.com


This Friday marks the release of the first federal update on inflation since the onset of the government shutdown, which has now lasted over three weeks.

The consumer price index (CPI) report, a pivotal indicator of inflation, is scheduled for publication at 8:30 a.m. EDT. This crucial data is arriving over a week behind schedule after the Bureau of Labor Statistics recalled furloughed staff to finalize the report.

The findings from the CPI report are essential for determining adjustments to Social Security’s Cost of Living, known as COLA.

You May Also Like

Lawsuit Claims Visitor Attacked by Security Dog at Universal Orlando

Orlando, Fla. – A legal battle has emerged between a woman and…

Greeneville Barber Faces Arrest and Sexual Battery Charges, According to Police Reports

GREENEVILLE, Tenn. (WJHL) — A local barber from Greeneville, already facing legal…

Judge Approves Release of Sealed Records in Epstein’s 2019 Sex Trafficking Case

FILE – This photo provided by the New York State Sex Offender…

Study Reveals Climate Change’s Role in Intensifying Asia’s Deadly Floods Through Ocean Warming

BENGALURU – Recent devastating floods and landslides across Asia have been fueled…

Tragic Turn: First Civilian Casualties in Escalating Thailand-Cambodia Border Conflict

SURIN – In a tragic escalation of hostilities along the Thai-Cambodian border,…

Kingsport Man Allegedly Flees Police, Crashes Car into Washington County House

WASHINGTON COUNTY, Tenn. (WJHL) — A man from Kingsport is now confronting…

Man Apprehended Following Intense Standoff in Mosheim: Police Report

A tense situation unfolded in Mosheim, Tennessee, on Tuesday when authorities apprehended…

Historic Oscars Milestone: Casting Directors Honored for the First Time, Shining a Spotlight on Crucial Film Industry Role

NEW YORK – As the enchanting world of “Wicked” comes to life…

ARC&D Develops Innovative Riverbank Stabilization Strategies Post-Hurricane Helene: Pioneering Playbook for Future Resilience

ERWIN, Tenn. (WJHL) – In a proactive effort to combat the aftermath…

Kingsport Police Discover 22 Dogs Living in Squalor: A Shocking Case of Animal Neglect

KINGSPORT, Tenn. (WJHL) — Authorities in Kingsport have taken a local man…

Coca-Cola Appoints Long-Time Insider as New CEO to Lead Future Growth

Coca-Cola announced on Wednesday that its current Chief Operating Officer is set…

Suspect in Bristol Double Homicide Incarcerated at Sullivan County Jail

A suspect linked to a double homicide in Bristol has been brought…