CPI inflation is at 3.4% But agar inflations are..

While CPI inflation is at 3.4%, inflation is much higher in many basic necessities:

1. Car Insurance Inflation: 20.3%

2. Transportation Inflation: 10.1%

3. Car Repair Inflation: 7.1%

4. Rent Inflation: 6.5%

5. Homeowner Inflation: 6.3%

6. Hospital Services Inflation: 5.5%

7. Food Away From Home Inflation: 5.2%

Both Core CPI and headline CPI came in hotter than expectations.

This is the first time since February 2023 that both readings were higher than expected.

For the first time since September 2023, CPI inflation is back on the RISE.

Affordability is still getting worse.

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