The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in October, 2022. However, the all items index was up 7.7% for the 12 months ending in October. Of note; The index for shelter contributed over half of the monthly all items increase, with the indexes for gasoline and food also seeing increases.
Click here to read the full release at the Bureau of Labor Statistics.
