THE WIRE · № 81224
While CPI inflation up to 3.7%, inflation is much higher in many crucial categories: 1. Fuel Oil Inflation: +74.2% 2. Gasoline Inflation: +34.2% 3. Airline Fares Inflation: +22.4% 4. Car Repair Inflation: +5.8% 5. Hospital Services Inflation: +5.6% 6. Utility Gas Inflation: +5.0
01 THE MACHINE READ
WHY IT MATTERS.
Sticky fuel, transport and utility inflation squeezes household budgets and keeps the Fed hawkish.
Core-adjacent inflation keeps policy tight
Next CPI components for fuel and services
Category figures may be stale or cherry-picked
FULL DISPATCH
While CPI inflation up to 3.7%, inflation is much higher in many crucial categories: 1. Fuel Oil Inflation: +74.2% 2. Gasoline Inflation: +34.2% 3. Airline Fares Inflation: +22.4% 4. Car Repair Inflation: +5.8% 5. Hospital Services Inflation: +5.6% 6. Utility Gas Inflation: +5.0% 7. Electricity Inflation: +4.4% 8. Fruits and Vegetables Inflation: +3.7% This marks the 67th-straight month with US CPI inflation above the Fed's 2% target. After 5+ years of persistent inflation, the top 1% of US households are now worth ~14 TIMES the bottom 50%. Affordability is still getting worse.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.