Here's the Inflation Breakdown for August, in One Chart
Food costs were up 4.3% compared with one year ago, down from 4.9% YoY compared to last month.
Energy costs decreased by 3.6% YoY but increased by 5.6% MoM.
Used cars and trucks prices decreased by 6.6% YoY.
Shelter costs were up 7.3% compared with one year ago, down from 7.7% YoY compared to last month.
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SpyderCall : good graphic
SpyderCall : This is a prime example of how oil prices has a large effect on inflation. At this point we need to ask ourselves, are oil prices going to climb higher?
Maxima957 : food isn't decreasing more govt lies
102881866 SpyderCall: With the increase of china export activity and Saudi supply cut, I think it should go higher in next quarter
ELLISWILY : Soft landing is real
Legal Choppa : Very informative
Money Hungry : very informative, also love the chart.
meruson SpyderCall: the market is under pressure when oil prices hold above 80
DudeThatsDerpy Maxima957: Food is "increasing less." That's disinflation, not deflation.