Here's the inflation breakdown for May 2023 — in one chartThese...

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    Here's the inflation breakdown for May 2023 — in one chart

    These are some of the core categories, plus other items with notable year-over-year price changes.

    The horizontal bars show notable year-over-year percent changes in prices for various consumer categories from the consumer price index for June 2023.
    MISSING: summary MISSING: current-rows.
    Motor vehicle repair
    19.7%

    19.7%
    Motor vehicle insurance
    17.1%

    17.1%
    Food from vending machines + mobile vendors
    15.3%

    15.3%
    Pet food
    13.8%

    13.8%
    Frozen fruits + vegetables
    12.9%

    12.9%
    Household paper products
    12.4%

    12.4%
    Fats + oils
    11.8%

    11.8%
    Medical equipment/supplies
    10.3%

    10.3%
    Outdoor equipment/supplies
    10.2%

    10.2%
    Baby food + formula
    10.1%

    10.1%
    Rent of primary residence
    8.7%

    8.7%
    Food away from home
    8.3%

    8.3%
    Ice cream+ Related products
    8%

    8%
    Food
    6.7%

    6.7%
    Day care + preschool
    6.4%

    6.4%
    Electricity
    5.9%

    5.9%
    Food at home
    5.8%

    5.8%
    All items less food + energy
    5.3%

    5.3%
    New vehicles
    4.7%

    4.7%
    All items
    4%

    4%
    Fresh whole milk
    −3.4%

    −3.4%
    Used cars + trucks
    −4.2%

    −4.2%
    Citrus fruits
    −5.3%

    −5.3%
    Major appliances
    −10%

    −10%
    Televisions
    −11.5%

    −11.5%
    Energy
    −11.7%

    −11.7%
    Car + truck rental
    −12.4%

    −12.4%
    Airline fares
    −13.4%

    −13.4%
    Unleaded regularGasoline
    −20.3%

    −20.3%
    Health insurance
    −20.5%

    −20.5%


    Hi @Gangster

    A balanced article imo … have copied the table above.

    If you didn’t buy a car or truck during May and owned your own home, you’d be hurting overall.

    Also imo the “win” from falling oil prices in May was simply serendipitous and nothing related to past Fed rate increases … oil is a global commodity with global influences, one of which, to be fair, would be the state of the US economy.

    Cheers
    Dex
 
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