End of “Disinflation” Honeymoon: CPI Accelerates YoY. Core Services CPI Accelerates MoM. Durable Goods Prices Normalize at Nosebleed Levels

Core services inflation at 6.1% year-over-year; Core CPI at 4.7%. Three factors make it rough for CPI the rest of the year. Overall Consumer Price Index rose by 3.2% in July compared to a year ago, the first year-over-year acceleration since June 2022, marking the end of the period of…#core #energy #medicalservices #zori #oer #caseshillerhome #red #tesla #gasoline
Source: Reuters: Health - Category: Consumer Health News Source Type: news