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Consumer Price Index: Difference between revisions
→Near-term inflation drivers
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==Near-term inflation drivers== | ==Near-term inflation drivers== | ||
Near-term inflation | Near-term inflation trends are still in line with a continued decline in inflation in the coming months. | ||
The Housing CPI lags, and the fact the wages are still above average could keep inflation above the 2% target for a while. | The Housing CPI lags, and the fact the wages are still above average could keep inflation above the 2% target for a while. | ||
The energy market, | The energy market, which saw an increase in CPI in January, stabilized during February 2023, and the price increases were smaller | ||
The used car prices saw a big jump in prices since January 2023, this could put upward pressure on CPI this month. | The used car prices saw a big jump in prices since January 2023, this could put upward pressure on CPI this month. | ||