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Consumer Price Index:Historical Releases/2023 June: Difference between revisions
Consumer Price Index:Historical Releases/2023 June (view source)
Revision as of 18:23, 12 July 2023
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* Index for apparel which increased 0.3 percent. The indexes for recreation and personal care also increased in June. But having much lower contributions | * 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. | * 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 === | === Categories watched by the FED === | ||
[[File:Screenshot 2023-07-12 121234.png|thumb|374x374px|https://twitter.com/KathyJones/status/1679109356842029058|alt=]] | |||
{| class="wikitable" | {| class="wikitable" | ||
!Index | !Index | ||
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|4.01% | |4.01% | ||
|} | |} | ||
== CPI expectations == | == CPI expectations == | ||
June 2023 headline CPI is expected to continue lower, declining from 4.0% to 3.1% , comps from June 2022 continue to be very high contibuting to this big move, but after July they will start to decrease significantly. | June 2023 headline CPI is expected to continue lower, declining from 4.0% to 3.1% , comps from June 2022 continue to be very high contibuting to this big move, but after July they will start to decrease significantly. | ||