Stubborn shelter a key factor in inflation progress stalling in October

Shelter, the biggest component in the Consumer Price Index, was key in driving an increase in October year-over-year inflation.

Shelter, the biggest component in the Consumer Price Index, was key in driving an increase in October year-over-year inflation. Sticky shelter inflation has ...

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Inflation Stayed At Steady Pace In October - Investopedia

Most of the inflation in October came from housing. Shelter costs rose 0.4% in October after increasing 0.2% in September. The inflation ...

Inflation progress stalls in US in October - BBC

Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a ...

US Inflation Stays Firm for Third Month With 0.3% Core CPI Gain

Progress may now be stalling as goods prices are starting to rise after a year of consistent declines and housing costs remain firm. A slight ...

Inflationary embers still burn from higher rents - Axios

A major culprit was a rebound in shelter inflation — primarily due to higher rents — up 0.4% in October alone and up 4.9% over the last year.

Higher shelter costs lift U.S. consumer prices in October

“Progress on inflation has started to stall,” said Michael Pugliese ... important longer-term inflationary expectations.” U.S. Treasury ...

Inflation Cools Slightly in September - The New York Times

Shelter price increases showed signs of moderating in earnest in September, which is something that policymakers have been waiting for. With ...

Inflation progress stalls in US in October - Yahoo News

Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a ...

Inflation Progress Stalls as Housing Costs Continue to Rise

In fact, excluding the impact of shelter, inflation would have stood at 1.8 percent last month, below the Fed's target level of 2 percent. Read ...

March CPI Report: Why Is Inflation Still So Sticky? - Morningstar

“Shelter inflation remains sticky, and non-shelter services inflation continues to point to re-acceleration risk,” Bank of America analysts ...

Inflation Cools to Lowest Level Since March 2021 - Statista

Due to its weight in the Consumer Price Index, the cost of shelter continues to be the main driver of inflation these days. Rents and owners' ...

Inflation Likely Stayed Slightly Too Hot For Comfort In October

Key Takeaways · The Consumer Price Index is forecast to have risen 2.6% over the year as of October, an uptick from 2.4% in September. · Inflation ...

Inflation progress stalls in US in October - AOL.com

Consumer prices rose 2.6% over the 12 months to October, driven by higher housing and food costs, the Labor Department said. That marked a ...

Gasoline, shelter costs boost US prices; inflation still slowing - Reuters

Consumer prices increase 0.4% in February · Gasoline, shelter account for over 60% of rise in CPI · Core CPI gains 0.4%; up 3.8% on year-on-year ...

'The last mile is harder': Stubborn inflation stalls Fed rate cuts - Politico

The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the ...

Consumer Price Index report shows ongoing inflation risks - Axios

Overall shelter costs rose 0.2% last month, down from the 0.5% increase in August as rental price increases cooled. Economists have been waiting ...

SPY 241113 505.00P (SPY241113P505000) News Flow - Moomoo

... Growth, VMware Market Share Shift, And AI Demand: Analyst. Benzingajust now · Stubborn Shelter a Key Factor in Inflation Progress Stalling in October. Seeking ...

Stubbornly High Rents Prevent Fed From Finishing Inflation Fight

Housing helps explain why core inflation, which excludes volatile food and energy prices, has stalled in recent months, contrary to expectations ...