Food inflation over the past year has also been "fairly tame," House said. Grocery prices are up 1.3% since September 2023, according to the CPI. Prices for agricultural commodities — a "major ...
Shelter inflation was 4.4% over the past year, the smallest 12-month increase since January 2022. "We're increasingly confident we're through the worst of the shelter inflation," Seydl said.
Rising prices across the US economy have impacted every American over the past few years, but the lowest-income households have faced the greatest burden. The dynamic is reflected in the chart ...
Annual inflation for shelter was at 4.2% in February, the lowest since December 2021. "Housing inflation is historically the 'stickiest' component of inflation, meaning it takes longer to buck price ...