Latest Numbers : U.S. Bureau of Labor Statistics
S E E D E D C O N T E N T
CPI-U, US City Average, All Items:
NSA+0.3% in Jun2023
SA+0.2% in Jun2023
NSA+3.0% since Jun2022
CPI-U, US City Average, All Items Less Food and Energy:
NSA+0.3% in Jun2023
SA+0.2% in Jun2023
NSA+4.8% since Jun2022
CPI-U, US City Average, Medical Care:
NSAunchanged in Jun2023
SAunchanged in Jun2023
NSA+0.1% since Jun2022
CPI-W, US City Average, All Items:
NSA+0.3% in Jun2023
SA+0.2% in Jun2023
NSA+2.3% since Jun2022
Historical DataNews ReleaseSA - Seasonally AdjustedNSA - Not Seasonally Adjusted
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Actually, a string of statistics is not "math".
In any case, what we see here is that the increases in Jun are negligible. No, they are not zero but they are much less of an increase than had been happening when inflation was growing rapidly, and the figures for Jun are almost zero. Two tenths or three tenths of a percent.
SA+0.2% in Jun2023
NSA+0.3% in Jun2023
This is no longer a bleak picture, no matter what the article writer is claiming he ciphered out with his "math".
Yes, the rate of inflation has DROPPED much farther and much faster than anyone anticipated which is very good news indicating that the Fed may be able to stop rate increases sooner than expected also...
In the meantime Florida has the highest inflation of all States ... Vote for Gov. Batboy!
So many people are moving there it’s really driving up the cost of housing.
Think of all the savings by not having house insurance.
Just ask Californians- they know all about that.