Core CPI Stuck at 5.5%-5.7% Range for Fifth Month, Now Higher than Overall CPI, as Used Car Prices Suddenly Spike Again

Core CPI Stuck at 5.5%-5.7% Range for Fifth Month, Now Higher than Overall CPI, as Used Car Prices Suddenly Spike Again

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Inflation Whac A Mole. Housing Inflation may be peaking at 8%+, but rents re-accelerated. The Consumer Price Index (CPI) for April, released today by the Bureau of Labor Statistics, was marked by a very unwelcome reversal in durable goods prices which suddenly jumped again month-to-month. This was…

#whacamole #energy #durable #corecpi #core #coreservices #bls #pce #zillow #caseshillerhome

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