An increase in inflation in April wasn’t quite as bad as it looked if a quirky rise in rents is set aside, but it’s hard to take much solace in the latest snapshot of consumer-price trends. The U.S.
Asking rents dropped more than 1.5% in February, and apartment supply is growing in some major metros. But shelter costs, which make up about a third of the CPI, are still showing a 3% annual increase ...
Energy fuels prices: Oil above $100 a barrel and higher gasoline costs from the Iran war are expected to drive much of April's CPI increase. Rent data catch-up: A one-time adjustment to rent measures ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J. Brock is a CFA and CPA with more than 20 years of ...
The rising shelter costs are actually slowing. Unfortunately, other prices are rising again. Are rents rising rapidly again? Not really. An increase in inflation in April wasn't quite as bad as it ...