The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in November, 2022. However, the all items index was up 7.1% for the 12 months ending in November. Of note; The index for shelter was by far the largest contributor to the monthly all items increase, more than offsetting decreases in energy indexes. Indeed…
Click here to read the full release at the Bureau of Labor Statistics.