Internet, MVPD Costs Top Inflation in January
TV and smartphone price tags saw big drops between January 2023 and last month, according to the Bureau of Labor Statistics consumer price index unadjusted data released Tuesday. TV prices fell 9.7% year over year, while smartphones were down 13.2%.…
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Computers, peripherals and smart home assistant prices fell 2.1%. Wireless phone service costs declined 3.1%, while residential phone service rose 4.5% year over year. Cable, satellite and livestreaming TV service costs were up 5.7%. The price of internet service increased 3.8%. Video purchase/subscription/rental rose 2.9%. BLS said January prices for all items were up 3.1% year over year before seasonal adjustment.