Core services inflation has been behaving badly for months, and in January, it spiked out the wazoo. Housing inflation has backed off from the crazy spike in 2022 and through February 2023. Inflation ...
“Core services” CPI jumped by 0.66% in January from December, or by 8.2% annualized. In this inflation cycle, only three months were worse (April, June, and September 2022). “Core CPI,” a measure of ...
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