Consumer Price Index:Historical Releases/2022 December: Difference between revisions

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=== Biggest contributors: ===
=== Biggest contributors: ===
The index for gasoline was by far the largest contributor to the monthly all-items decrease, more than offsetting increases in shelter indexes.  
[[File:CPI DEC.PNG|thumb|https://www.bls.gov/news.release/pdf/cpi.pdf]]The index for gasoline was by far the largest contributor to the monthly all-items decrease, more than offsetting increases in shelter indexes.  


* Energy:  -4.5% MoM, 7.5% YoY
* Energy:  -4.5% MoM, 7.5% YoY
* Used Cars: -2.5% MoM, -8.8 YoY  
* Used Cars: -2.5% MoM, -8.8 YoY  
* Shelter: 0.8% MoM, 7.5% YoY
* Shelter: 0.8% MoM, 7.5% YoY
[[File:CPI DEC.PNG|thumb|https://www.bls.gov/news.release/pdf/cpi.pdf]]
=== Categories watched by the FED: ===
=== Categories watched by the FED: ===
The three-month annualized rates already show signs that the rate of inflation in recent months is coming back to normal for most items, except for the shelter component, which is known to have a significant lag in the CPI data.<ref>https://twitter.com/NickTimiraos/status/1613535547125018625</ref>  
The three-month annualized rates already show signs that the rate of inflation in recent months is coming back to normal for most items, except for the shelter component, which is known to have a significant lag in the CPI data.<ref>https://twitter.com/NickTimiraos/status/1613535547125018625</ref>