Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-12T15:49:09+00:00
New inflation data out Wednesday suggests seniors will see a bigger bump in their Social Security checks next year. The annual cost-of-living adjustment, or COLA, is projected to be 3.6%, increasing theaverageretiree's monthly check by around $75. This year's 2026 COLA of 2.8% bumped up the average benefit by $56. If this projection holds, the 2027 COLA will be the highest in four years. The forecast by the Senior Citizens League is based oninflation datareleased Wednesday, which showed consumer prices in July rose 3.4% over the prior year. The COLA is calculated by averaging inflation data for the third quarter of the year — July, August, and September — and comparing that figure with the same data from the previous year, based on the Consumer Price Index (CPI) for all urban wage earners
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.