After sharply increasing in 2022, inflation has been moderating in the U.S. in recent years. The increase in overall prices – measured by the Consumer Price Index – was 9.1% for the 12 months ...

Inflation is a word that's in the news frequently, and it's a word that makes people nervous. When prices for goods like food, clothing, and gasoline are on the rise, consumers fear that the ...

How is Cost Inflation Index used in Income Tax? Long term capital assets are recorded at cost price in books. Despite increasing inflation, they exist at the cost price and cannot be revalued. When ...