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Categories of services were most affected by pandemic

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Both the U.S. and Canadian economy are service-dominated economies. So, if we really want to know what the underlying inflation dynamics are of a service-dominated economy then we should look at services inflation numbers. What percent of the CPI inflation basket does services account for in 2022? Which three categories of services were most affected by the pandemic, and what are the changes in prices in these categories over the past few months?

Reference no: EM133246018

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