If you want to get into the nitty gritty of the Consumer Price Index out this week — and we do — let’s direct our attention to the table of consumer expenditures listed out by the Bureau of Labor Statistics.
On the bottom of page 9, table one, we see that motor vehicle insurance in November was up a whopping 19.2% from last year. That’s insurance for passenger cars, trucks, SUVs and vans.
There are a bunch of reasons insurance prices…
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