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The rising cost of shelter represented 90% of last month’s inflation

todayAugust 10, 2023

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The rising cost of shelter represented 90% of last month’s inflation
The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead, say economic researchers at the Federal Reserve Bank of San Francisco.

​ The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead, say economic researchers at the Federal Reserve Bank of San Francisco. 

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