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  • Writer's pictureDia Adams

What Items Most Contributed to Inflation in 2023?

Inflation continued to be a hot topic throughout 2023, with annual inflation coming in at 3.4% overall according to the Bureau of Labor Statistics . Some categories stood out as having particularly large price increases over the year, including motor vehicle insurance which soared a whopping 19.2% and motor vehicle maintenance and repair which went up by 8.5% annually.

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