May 13, 2024

Why rent in the CPI report is so hard to figure out


Why rent in the CPI report is so hard to figure out


'...the puzzle around rent inflation, which is one-third of the CPI. It's stuck at 5.6% y/y and keeping overall inflation high. ...some worry that surprisingly-high demand and solid wage growth will keep rents high.

Most-convincing is this chart: Which highlights that the CPI rent number is currently higher than any of the private measures of rent.'


Reference: www.forexlive.com
Tags: Inflation,Rent Prices, CPI,Destruction of America's retirees,


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