Reported 28 days ago
The latest Consumer Price Index (CPI) report indicates that while shelter inflation remains high, particularly in housing costs, the auto sector is experiencing relief with declines in vehicle prices. The shelter CPI index rose by 0.5% year-over-year, while the annual inflation for new cars remained unchanged, and used car prices dropped by 1% month-over-month in August, marking a notable trend in decreasing auto prices.
Source: YAHOO