Residential Phone, Video Service Cost Hikes Top Inflation in June: CPI
Residential phone service costs in the U.S. in June rose 5.9% over last year, and cable, satellite and livestreaming TV service costs were up 4.4%, according to the Bureau of Labor Statistics consumer price index unadjusted data out Wednesday. Wireless…
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phone service costs were down 0.7% year over year, but internet was up 3.3%. Smartphones prices dropped 16.1%, and computers, peripherals and smart home assistants fell 5.2%, it said. June prices overall were up 3% year over year before seasonal adjustment, BLS said.