​Core Consumer Prices Rise For 53rd Straight Month, Hit New Record High – Tyler Durden

Core Consumer Prices Rise For 53rd Straight Month, Hit New Record High For the 53rd straight month, core consumer prices rose on a MoM basis in October Source: Bloomberg The headline CPI rose 0.2% MoM (as expected) which reaccelerated the YoY rise to +2.6% (as expected)… Source: Bloomberg While Goods prices are still in deflation, they are re-acclerating and Services inflation remains extremely elevated… Source: Bloomberg Under the hood, the much-watched (for a while) SuperCore (Services Ex-Shelter) CPI remains stubbornly high… Source: Bloomberg Overall, headline consumer prices are up 20.4% since Biden/Harris took over (that is almost three times the…  — Continue at ZeroHedge News : Read More