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

Consumer Price Index:Historical Releases/2023 June (view source)

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 ''Return to: [[Consumer Price Index]] | [[Consumer Price Index:Historical Releases|Historical Releases]]''
-Full Report:
+Full Report: https://www.bls.gov/news.release/pdf/cpi.pdf
 Publishing date: July 12  2023
+== Assessment by Magaly ==
+== Summary ==
+* [[File:Screenshot 2023-07-12 120055.png|center|thumb|693x693px|https://twitter.com/charliebilello/status/1679139333566078980]]U.S consumer price index(CPI) rose 0.2% in June, below the 0.3% estimate.
+* Year-over-year, CPI rose 3% versus 3.1% estimate.
+* Core CPI rose 0.2% in June, also below the expected 0.3%.
+* Year-over-year, core CPI grew by 4.8% versus 5% estimate.
+* Shelter index was responsible for over 70% of headline CPI increase, having rose 7.8% year-over-year and 0.4% month-over-month.
+* Shelter accounts for about one-third of the weighing in the CPI.
+=== Biggest Contributors ===
+* The index for shelter was the largest contributor to the monthly all items increase, accounting for over 70 percent of the increase, with a 0.4% month-over-month.
+* Motor vehicle insurance, increased 1.7, also had a considerable contribution.
+* Index for apparel which increased 0.3 percent. The indexes for recreation and personal care also increased in June. But having much lower contributions
+* Several indexes declined in June, led by the airline fares index, which fell 8.1 percent over the month following declines in April and May. The index for communication fell 0.5 percent over the month. The household furnishings and operations index fell 0.1 percent over the month, after declining 0.6 percent in May. The index for new vehicles was unchanged in June.
+=== Categories watched by the FED ===
 == CPI expectations ==