US Inflation Headline CPI Rose 0.4% MoM, 2.9% YoY In August (Shelter UP 3.6% YoY)

by confoundedinterest17

According to the Bureau of Labor Statistics (BLS), headline inflation rose 0.4% MoM and 2.9% YoY in August.

Shelter (housing) is up 3.6% YoY. Gimme (expensive) shelter!

Of course, Federal government spending is the source of inflation. Notice the lag between Covid spending and resulting inflation.

Prayers for Charlie Kirk and his family. I hope they catch the sick SOB that assassinated Charlie.

 

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