The Bureau of Labor Statistics on Tuesday released its December Consumer Price Index, showing modest inflation of 0.3 percent on a monthly basis and 2.7 percent for the year. But a deeper dive into the data tables also shows an outlier that is relevant to Hollywood: Subscription video services. According to the BLS data, “Subscription and rental of video and video games” saw inflation of 19.5 percent in December.
Source: “Streamflation” Is Real: U.S. Inflation Data Shows Soaring Price of Streaming Video Services