Internet, Phone, MVPD Services Lagged Behind Inflation in April: CPI
U.S. internet service costs in April were up 1.7% year over year, according to Bureau of Labor Statistics Consumer Price Index data released Wednesday. It said residential phone service costs increased 6% year over year, but wireless service was down…
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0.7%. Cable and satellite TV service rose 0.8%. BLS said April prices overall were up 8.3% year over year before seasonal adjustment, with food, airline fares and new vehicles being major drivers of inflation.