Consumer Price Index:Historical Releases/2023 June: Difference between revisions

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* Wages are stil above historical averages and came higher than expected in June, matching May increase.
* Wages are stil above historical averages and came higher than expected in June, matching May increase.
* Energy were slightly up during June, however, due to the large increases in energy in 2022, we will probably still see a significant decline in y/y energy CPI
* Energy were slightly up during June, however, due to the large increases in energy in 2022, we will probably still see a significant decline in y/y energy CPI.
* Food prices was down 1.4% percent in June, and 23.4% since its peak
* Food prices was down 1.4% percent in June, and 23.4% since its peak. Lower food CPI could continue to be expected in coming months.
* Supply chain continue to be below the index’s historical average in June
* Supply chain continue to be below the index’s historical average in June
* Housing prices recorded a third consecutive month of price increases, increasing 1.7% month-over-month in April of 2023. This data could suggest that cooling in shelter CPI could not be permanent or volatile.
* Housing prices recorded a third consecutive month of price increases, increasing 1.7% month-over-month in April of 2023. This data could suggest that cooling in shelter CPI could not be permanent or volatile.