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Due to staffing shortages caused by a federal hiring freeze, the US government has reduced price checks for its Consumer Price Index (CPI) calculations. Data collection is completely suspended in Lincoln, Nebraska; Provo, Utah; and Buffalo, New York. While the government claims minimal impact on the overall inflation rate, economists warn of potential inaccuracies and increased volatility in regional cost-of-living reports. The reduced data necessitates more estimations, raising concerns about the reliability of inflation figures used by the Federal Reserve and for adjusting government programs like Social Security.

Prepared by Christopher Adams and reviewed by editorial team.