Phone, Video Service Costs Outstripping Inflation: CPI
Cost of residential phone service in the U.S. in May was up 5.8% over last year, according to Bureau of Labor Statistics Consumer Price Index unadjusted data released Tuesday. Cable, satellite and livestreaming TV service costs were up 4.5%, and…
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internet service costs were up 2.9%. Wireless service costs were up 0.6%. May prices overall were up 4% year over year, before seasonal adjustment. BLS said.