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Truflation
@truflation
Independent macroeconomic signals provider & indexer | Aggregating 35M+ data points from 70+ providers daily. 500+ Indexes. Economic intelligence in real time.
Joined November 2021
371 Following    140.9K Followers
Truflation CPI at 3.29% today. What’s behind the rise and who is feeling the squeeze? 👀❗️Rose from 3.02% on Saturday to 3.28% on Sunday. The annual KFF health-insurance data update lifts the Health Care component and contributes to the overall rise. This reflects insurance-cost increases accumulated over the past year, not a sudden overnight jump in prices. KFF puts average annual premiums at $9,804 for single coverage and $28,303 for family coverage, both about 5% above last year. These totals include what employers and employees pay. Workers are feeling a bigger squeeze than the headline premium increase suggests. Their average contribution to family coverage rose 9% to $7,471, compared with a roughly 5% rise in the total premium. That $7,471 is already part of the $28,303 total, not an extra charge on top. Did prices jump overnight? No. KFF publishes these data annually, so the index update reflects costs accumulated over the past year, not a sudden one-day jump in premiums. The costs are real, even though they did not appear overnight. The next question is whether other categories are also becoming more expensive, or whether the annual insurance update explains much of the increase.
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🇺🇸 Truflation Daily US CPI is 3.28% YoY today, ⬆️ +0.26%.🇺🇸 Claim FREE CREDITS NOW and explore more