Axios: Consumer Prices Shot Up 0.9% In June
This is excluding food and energy.
Don’t we love our gas prices and grocery prices these days? I’m reminded of it virtually single day.
“Prices for goods and services, excluding food and energy, shot up 0.9% in June on a month-over-month basis, according to the Core Consumer Price Index reading published Tuesday morning.
Why it matters: That’s an uptick from May’s monthly change of 0.7%. Economists were expecting an increase of 0.4%.
Including energy and food prices, the headline CPI figure shows a 0.9% monthly increase, compared to a 0.6% uptick in May.
On a yearly basis, June prices shot up 5.4%, compared to the 5% change in May. …”
Source: http://www.occidentaldissent.com/2021/07/13/axios-consumer-prices-shot-up-0-9-in-june/
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