If you strip out shelter... monthly core CPI rose +0.2%. Bucks the trend of strong monthly price increases in the underlying basket.
Game-changer for how people think about the monthly run rate and a re-think about whether breadth of price increases can continue in 2022 .
Price increases over last year (CPI report) :
Gasoline: +48.0%
Used Cars: +35.3%
Gas Utilities: +21.6%
Meats/Fish/Eggs: +13.7%
New Cars: +12.5%
Electricity: +11.1%
Food at home: +10%
Overall CPI: +8.5%
Transportation: +7.7%
Food away from home: +6.9%
Apparel: +6.8%
Shelter: +5.0%
#USD
BBC : UK PM Johnson and Finance Minister Sunak Will Receive Fines for Lockdown Breaches.
#GBP
