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The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead, say economic researchers at the Federal Reserve ...
The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising ...
Seasonally adjusted Rent of Primary Residence is expected to increase 0.28% in June, up from 0.21% in May, according to ...
CPI rose 3.2% in July, but shelter inflation will continue to decelerate Monthly rent growth already peaked this year, which hasn't yet been reflected in the CPI August 10, 2023, 11:13am by Sarah Marx ...
Goldman expects shelter inflation to remain roughly at its current pace. "We expect the rent component of CPI to increase by 0.40% this month (vs. 0.42% in July and 0.46% on average over the last ...
Shelter inflation should continue to moderate as it catches up to the trend in new rental contracts and, broadly, as more rental units become available, experts say.
“Shelter inflation is likely to continue to fade given its well-understood lags, likely leading to a continuation of disinflationary trends in the coming months for headline inflation measures ...
Rent prices soared 9.2% in the first half of 2021, tripling the average pace and exceeding the pre-crisis trend. Shelter inflation is set to keep climbing as millennial demand booms, analyst Logan ...
February's Consumer Price Index (CPI) report saw inflation rise by 0.2% month-over-month and 2.8% year-over-year, as published by the US Bureau of Labor Statistics (BLS), just below economist ...
Inflation’s Storm From the Shelter. ... Core prices, which exclude food and energy items in an effort to better track inflation’s trend, rose 0.6% on the month, and 6.6% on the year.
The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead, say economic researchers at the Federal Reserve ...