“The most disappointing aspect of this report was the shelter data,” Omair Sharif, founder of the research firm Inflation Insights, wrote in a note after the report.

What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...

Services inflation, especially rent and shelter inflation, continued to decline, offsetting rising core goods inflation that ...

The consumer price index rose 0.3% for the month after a 0.1% uptick in May, while the annual rate came in at 2.7%, up from 2 ...

“Shelter inflation is the primary reason why overall and core inflation remain higher than the Fed would like in 2025,” said chief economist Gus Faucher of PNC Financial Services.

Inflation hasn’t been beaten yet, latest CPI shows Monthly inflation in November rose by the most in seven months, showing it’s taking longer to tame inflation than expected.

The Consumer Price Index increased from 2.4% in May to 2.7% in June year-over-year, according to the Bureau of Labor ...

The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...

The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising ...

Inflation Insights LLC President Omair Sharif pointed out that excluding cars, core goods prices climbed 0.55% in June — the biggest monthly advance since November 2021. “Today’s report showed that ...

Shelter represents about one-third of the CPI - no surprise since it's by far the biggest expense for most Americans. To be sure, shelter costs have slowed considerably.