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Core CPI rose 0.5 percent in February, after rising 0.4 percent in January. The Y/Y increase was 5.5% | Core CPI rose 0.5 percent in February, after rising 0.4 percent in January. The Y/Y increase was 5.5% | ||
[[File:CPI FEB 2023 2.png|thumb|https://www.zerohedge.com/markets/cpi-slows-expected-americans-real-wages-drop-32nd-straight-month]] | |||
=== Biggest Contributors: === | === Biggest Contributors: === | ||
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For Core CPI, the categories which increased in February include shelter, recreation, household furnishings and operations, and airline fares. The index for used cars and trucks and the index for medical care were among those that decreased over the month. | For Core CPI, the categories which increased in February include shelter, recreation, household furnishings and operations, and airline fares. The index for used cars and trucks and the index for medical care were among those that decreased over the month. | ||
=== Categories watched by the FED: === | |||
* Core goods: 1% YoY (0.0% m/m) | |||
* Core Services: 7.3% YoY (0.6% m/m) | |||
* Shelter: 8.1% YoY (0.8% m/m) | |||
* Services less shelter "super-core": 6.15% YoY (0.5% m/m)<ref>https://www.zerohedge.com/markets/cpi-slows-expected-americans-real-wages-drop-32nd-straight-month</ref> | |||
== CPI expectations == | == CPI expectations == |