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Inflation Is Eating Into Your Savings,Smart Moves for Staying Ahead This October

personal finance :: 2025-10-01 :: source - investopedia

By Sabrina Karl

Zoran Zeremski / Getty Images


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How to Tell If Your Savings Is Beating Inflation


Inflation has been climbing again, with the latest Consumer Price Index (CPI) registering a 2.9% annual rate in August—the highest reading since January.1 That matters because inflation doesn’t just push up prices at the store. It also chips away at what your money can buy over time.

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