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Inflation up? How bad are housing costs rising?

It's not all bad news. North Face is about to have a sale!


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THE GOOD AND BAD NEWS ABOUT THE LATEST US INFLATION DATA

QUARTZ MEDIA


September’s consumer price index was up 0.4% in the US compared to the month before, and 3.7% year over year (the same as last month). That’s all fine and good, and might even prompt the Federal Reserve to keep rates unchanged at its next meeting as the US heads toward disinflation.


The bad news is where CPI increased, and by how much. The shelter index—mostly composed of rental costs—increased 7.2% over the last year.



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