Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation

The overall CPI is up 0.5 percent in July, the core is up 0.5 percent. Both are up 5.4 and 4.3 percent year-over-year, respectively. Most of the inflation is either bounce back or temporary disruptions, mostly with cars. Rental inflation remains modera…

The overall CPI is up 0.5 percent in July, the core is up 0.5 percent. Both are up 5.4 and 4.3 percent year-over-year, respectively. Most of the inflation is either bounce back or temporary disruptions, mostly with cars. Rental inflation remains moderate. Prices are stable or declining in other important areas like medical services, drugs, More

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This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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Dean Baker | Radio Free (2021-10-15T15:39:02+00:00) » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation. Retrieved from https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/.
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" » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation." Dean Baker | Radio Free - Thursday August 12, 2021, https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/
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Dean Baker | Radio Free Thursday August 12, 2021 » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation., viewed 2021-10-15T15:39:02+00:00,<https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/>
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Dean Baker | Radio Free - » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation. [Internet]. [Accessed 2021-10-15T15:39:02+00:00]. Available from: https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/
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" » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation." Dean Baker | Radio Free - Accessed 2021-10-15T15:39:02+00:00. https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/
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" » Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation." Dean Baker | Radio Free [Online]. Available: https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/. [Accessed: 2021-10-15T15:39:02+00:00]
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» Overall CPI Up 0.5 Percent in July: Higher Car Prices Still Driving Inflation | Dean Baker | Radio Free | https://www.radiofree.org/2021/08/12/overall-cpi-up-0-5-percent-in-july-higher-car-prices-still-driving-inflation/ | 2021-10-15T15:39:02+00:00
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