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The cost of housing surged in July, accounting for nearly 90% of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday.



101808

Barron's

New York

United States

Housing Costs Bounce Back, Account for 90% of Monthly Increase

The cost of housing surged in July, accounting for nearly 90% of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday.


Ad Fontes Media

All Sides

Media Bias/Fact Check

The Daily Caller

Tucker Carlson

Neil Patel

Washington

District of Columbia

Housing Costs Surge In July, Accounting For 90% Of Total Inflation

The latest reading on US inflation offered good news — but only if you looked through housing costs. Shelter prices remain the biggest hurdle to bringing the annual rate down to the Federal Reserve’s target of 2%.



Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

US Inflation Is Looking Good, Except for Housing Costs

by Owen Klinsky   The cost of housing surged in July, accounting for nearly 90 percent of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday. Shelter costs rose 5.1 percent year-over-year and 0.4 percent month-over-month, after rising 0.2 percent in June, the BLS showed. The 0.4 percent monthly increase was greater than Bank of America economists’ expectations of 0.3 percent, ac…

The Ohio Star

Star News Network

Ohio

Housing Costs Surge in July, Accounting for 90 Percent of Total Inflation

While the consumer price index showed a welcome pullback in the rate of gain in housing costs in June, July didn’t deliver on that trend.
Shelter costs rose 0.4% in July after registering a gain of only 0.2% in June. The July pace of housing inflation, which includes both rent and owners’ equivalen

Murdoch family

DAILY CALLER NEWS FOUNDATION—The cost of housing surged in July, accounting for nearly 90% of total inflation, according to the latest Bureau of Labor Statistics consumer price index data released Wednesday. Shelter costs rose 5.1% year-over-year and 0.4% month-over-month, after rising 0.2% in June, the bureau showed. The 0.4% monthly increase was greater than Bank of America economists’ expectations of 0.3%, according to investment research fir…

The Daily Signal

The Heritage Foundation

Housing Costs Surge in July, Accounting for 90% of Total Inflation

by Owen Klinsky  at CDN -  The cost of housing surged in July, accounting for nearly 90% of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday. Shelter costs rose 5.1% year-over-year and 0.4% month-over-month, after rising 0.2% in June, the BLS showed. The 0.4% monthly increase was greater … Click to read the rest HERE-> Housing Costs Surge In July, Accounting For 90% Of Total I…

Conservative Daily News

In the month of July, the average cost of housing skyrocketed so drastically that it accounted for about 90% of all inflation in the United […]
Source

American Greatness

Housing Costs Spike in July, Making Up 90% of All Inflation › American Greatness

Housing Costs Surge In July, Accounting For 90% Of Total Inflation

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