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Consumer Price Index:Historical Releases/2023 May: Difference between revisions
Consumer Price Index:Historical Releases/2023 May (view source)
Revision as of 19:17, 13 June 2023
, 13 June 2023→Assessment by Magaly
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* Excluding shelter and used cars from core CPI(which has lag effects in the data), most other important components saw very moderate or even negative contributions. | * Excluding shelter and used cars from core CPI(which has lag effects in the data), most other important components saw very moderate or even negative contributions. | ||
* Transportation continues to be the biggest contributor for supercore numbers, which saw an accelaration in May, especially motor vehicle insurance. This component is considered to be highly dependent on labor cost or repair costs. | * Transportation continues to be the biggest contributor for supercore numbers, which saw an accelaration in May, especially motor vehicle insurance. This component is considered to be highly dependent on labor cost or repair costs. | ||
* Energy price declines are having a very | * Energy price declines are having a very negative contribution on headline CPI, which we have to remain cautious, as energy is a very volatile component, especially in current environment with cut supply efforts. | ||
== Summary == | == Summary == | ||