Pantheon Macroeconomics

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13th Sep 2021 12:32U.S., Economic Monitor

  • The run of huge gains in the core CPI is over; the big- gest change is the end of the surge in used car prices.
  • Hotel room rates and airline fares likely fell last month too, thanks to the Delta hit.
  • The NFIB survey likely will be Delta-bruised too, but the labor market numbers are very strong.

airline fares August base effects capex core cpi core inflation cpi fuel gasoline growth index inflation jet fuel prices July labor labor market lodging March nfib survey policymakers rents retail selling prices September summer survey vehicles wages

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Keywords for: Core CPI Constrained Again as Used Cars, Lodging Components Soften

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