Household Budget Index (HBI) – October
Inflation has had a notable impact on the lives of middle-income families, and Primerica stands out as a financial services company that truly grasps this reality.
Due to reported income gains and slowing inflation last month, the October Household Budget Index™ (HBI™) data rose to 99.1%, a percentage point increase from September. However, the cost of many essential items are still significantly higher than they were several years ago, indicating that families are still feeling the impact of inflation.
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