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Sept 2017 CPI hits 3% – what does it mean for your business?

The Consumer Price Index printed an annual increase of 3.0% to September 2017 (up from 2.9% the previous month.)

We’ve taken a look at the main categories behind the index – highlighting the top 10 highest price increases and largest price reductions.

Did you know beer and insurance are 7.5% more expensive than 12 months ago?  (What a combination.)  But soft drinks and water are 2.6% cheaper?

Are your business sales impacted by changing consumer prices? 

Do you keep track of the monthly changes in the 126 sub-categories?

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