Here's the Breakdown for US June CPI, in One Chart
CPI in the United States fell for a third straight month to 3.0% in June from 3.3% in May of 2024. Core consumer prices in the US increased by 3.3% in June of 2024 over the same month in the previous year, down from 3.4% in May.
Compared to the previous month, the CPI unexpectedly declined 0.1%, following a flat reading in May and compared to expectations of a 0.1% rise. Core CPI monthly rate edged down to 0.1% from 0.2%, below expectations of 0.2%.
Food costs were up 2.2% compared with one year ago, after increasing by 2.1% YoY last month.
Energy costs increased by 1.0% YoY, after increasing by 3.7% YoY in April. Energy prices decreased by 2.0% on a MoM base.
Used cars and trucks prices decreased by 10.1% YoY, after decreasing by 9.3% last month.
Shelter costs were up 5.2% compared with one year ago, after increasing by 5.4% YoY last month.
Source: BLS
By Moomoo North America Team Calvin
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Alqamari Walhilal : Nice !
74469759 : I’d like to know where they’re shopping. The cost of food to us poor folks seems to be up higher than 2.2%.
I Am 102927471 : Thank you very information knowledge![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
. Thank you Moomoo!!!
MelloJoe : So basic necessities went up and used car prices went down… how is that good news? Lol
Michael Fong : "CPI decreased to 3.0% in July" correct or not?
Is'nt the CPI now released is for June, 2024?
YummyDummy 74469759 : yeah I think they meant X not %
jimaco : it is all fake numbers anyway they will adjust to the real number later. like they say inflation is getting close to the 2% but they fail to say that it shot up 20% and is increasing at close to 2%prices have not come down just up.
搞经济 抄底 加仓 : a country that advance in hoping the jobless, inflation, CPI, PMI, GDP get worse.. indeed great
Gavin Massingham 74469759 : ALDIs
25 hope with bumpyRD : House insurance premiums are up 150%. And cars insurance premiums up double. Why no mention here?
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