Why Are Shelter Costs the Key to Understanding Inflation?
June 26, 2023
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1:11Now PlayingWhy Are Shelter Costs the Key to Understanding Inflation?
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as posted by the channelThe shelter component of US CPI, still rising at 8%, is the key category causing headline inflation to remain elevated. Headline CPI peaked in June 2022 and has since declined to 4%. That's quite impressive progress, but with the shelter component removed the headline figure would be closer to 2.3%. Presented by @cmegroup
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