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The White House has announced that the typical release of the upcoming inflation report is unlikely to occur next month, citing the persistent government shutdown as a primary cause. This halt in governmental operations has impeded surveyors’ ability to gather necessary data, crucial for the report’s compilation.
In a post on X, the administration expressed concern over this disruption, highlighting the unprecedented nature of the situation. They noted that this would mark the “first time in history” that the inflation data would not be available, cautioning that the absence of this critical information could result in severe economic consequences.
Notably, the release of September’s inflation report was delayed by nine days, eventually being published last Friday despite the shutdown. This exception was made because the data was essential for calculating the Social Security cost-of-living adjustment (COLA).