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12th Jul 2022 15:19U.S., Daily Monitor

Behind the headline spike, a June repeat of May’s 0.6% surge in the core CPI seems unlikely...

...Airline fares, used auto prices, hotel room rates all likely were better-behaved; rents are a wild card.

The NFIB survey is consistent with other evidence pointing to easing core-core inflation pressures.

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airline fares bls core cpi core inflation cpi fed fuel gasoline gasoline prices January jet fuel prices July June May new york nfib index nfib survey ppi rent rents selling prices wage growth

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Keywords for: Core CPI Likely Moderated in June, Watch Airline Fares and Autos

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