US Inflation Decelerates, Core CPI Up Less Than Forecast

The video discusses the latest CPI core and headline numbers, highlighting a decrease in inflation rates compared to previous months. It covers sector-specific price changes, including food, energy, and used cars, noting a significant drop in used car prices. The analysis extends to shelter and rent costs, showing the first notable declines in shelter costs. Airfares and energy prices are also examined, with airfares showing a surprising decrease. The video concludes with a discussion on services excluding shelter, indicating progress in reducing inflation in this area.

What was the expectation for the CPI core on a month-over-month basis?

• 2/10

• 3/10

• 4/10

• 5/10

Which category saw a 1% increase despite a rise in energy prices?

• Apparel

• Gasoline

• Food

• Used cars

By how much did used cars and trucks prices decrease on a year-over-year basis?

• 3.9%

• 6.1%

• 5.2%

• 4.8%

What was the percentage decrease in airfares?

• 7.3%

• 6.5%

• 8.1%

• 5.6%

What is the current year-over-year percentage for Services X?

• 5.2%

• 4.5%

• 3.93%

• 6.0%