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Inflation and Recession: Where Are We Now?

The positive story here is that several private indexes that measure rents on marketed units show rental inflation slowing sharply in recent months. Research from the Bureau Labor Statistics shows that these indexes lead the CPI and PCE by close to a y…

The positive story here is that several private indexes that measure rents on marketed units show rental inflation slowing sharply in recent months. Research from the Bureau Labor Statistics shows that these indexes lead the CPI and PCE by close to a year. This means that we will continue to see rapid increases in rent in the official indices through the rest of this year and into 2023, but can be fairly certain that rental inflation will slow sharply to more normal rates over the course of the year. More

The post Inflation and Recession: Where Are We Now? appeared first on CounterPunch.org.


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


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