First time in decades: Government shutdown likely to cause absence of inflation data next month
Due to the government shutdown, the inflation report may not be released next month for the first time in over seven decades, affecting Wall Street and the Federal Reserve. Most inflation data is collected in person, but the shutdown has left some cities without surveyors. September’s inflation data showed prices rising but lower than expected. The Labor Department had already reduced data collection due to a hiring freeze. In the past, the Consumer Price Index was compiled with partial data during shutdowns, but it may be too late to gather even that amount of information this time.
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