Commenters may like to draw a sharp distinction between overall and core and point to core as evidence that this is not so bad, but the thing is, both overall and core measures have been steadily rising since February.
Overall cpi inflation which includes food and energy bleeds into core eventually, because energy inflation drives up the cost of everything.
This is ugly and getting uglier.
The president has scored an own goal opening the Iran war without a plan to keep the oil flowing.
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| core not seasonally adjusted |
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| core seasonally adjusted |
