Heterodox
– by New Deal democrat First, a programming note: I’ll post about retail sales later today. Consumer inflation in April continued essentially to be an interplay between shelter and gas prices, with a side helping of auto insurance and repairs. During late 2022 and early 2023, shelter was still accelerating or steady at a high rate of inflation, while gas prices were falling. Beginning in late 2023, the dynamic reversed, as shelter inflation...
Read More »April consumer prices: still an interplay of gas and house prices, with a side helping of motor vehicle insurance
