Residential Phone, MVPD Service Cost Hikes Top Inflation in October: CPI
Residential phone service costs in the U.S. in October rose 5.5% year over year, as were cable, satellite and livestreaming TV service costs, according to the Bureau of Labor Statistics consumer price index unadjusted data released Tuesday. Wireless phone service…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
costs were down 0.4% year over year, but internet service was up 4.4%. Smartphone prices dropped 12%, and computers, peripherals and smart home assistants fell 5.7%. Video purchase/subscription/rental was up 3.1%. BLS said September prices overall were up 3.2% year over year before seasonal adjustment.