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  • This is down just slightly from the all-time high of 271.726 in June.The consumer price index is a tool that simplifies the measurement of movements in a numerical series, explains the BLS. An index for 110, for example, means there has been a 10-percent increase in price since the reference period.Back in 1947 when the BLS first began tracking this index, ground beef clocked in at a mere 26.5
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