Gas And Meat Prices Finally Fall—But Cars, Housing, Medical Care And More Still Fuel Inflation Surge

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Gas And Meat Prices Finally Fall—But Cars, Housing, Medical Care And More Still Fuel Inflation Surge
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Meat prices fell for the first time in seven months, but used car and trucks are now headlining a decades-high spike in inflation.

The index for meat and eggs also declined in December, falling 0.4% after rising at least 0.7% in each of the last seven months, with beef and pork prices falling 2% and 0.8%, respectively, after recentNow leading the inflation surge: Used car and truck prices skyrocketed about 3.5% in December, notching their biggest increase since June and climbing about 37.

The cost of fruits and vegetables climbed 0.9%, while other foods like margarine, lunch meats and frozen seafood jumped 3.8%, 2.7% and 1.7%, respectively.

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