Residential Phone, Video Service Expenses Up More Than Inflation: BLS
The cost of residential phone service and of cable, satellite and livestreaming TV service increased faster than overall inflation in March, according to Bureau of Labor Statistics Consumer Price Index unadjusted data released Wednesday. Cost of internet service in the…
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U.S. in March was up 3.9% year over year, it said. Residential phone service costs were up 6.8%, and wireless service costs were up 1.2%. Cable, satellite and livestreaming TV service costs were up 5.9%. January prices overall were up 5% year over year before seasonal adjustment, BLS said.