Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison.
Source: Inman News
Housing singled out as largest contributor to inflation: Economists
Published in bls, bureau of labor statistics, consumer price index, Dr. Lisa Sturtevant, federal reserve, inflation, Jerome Powell, Markets & Economy and Select
More from blsMore posts in bls »
- Inflation rises to 3.2% in February, raising doubts about soft landing
- Inflation stays flat in October, but shelter costs continue to rise
- Inflation ticks up 0.6%, boosted by ‘outsized’ housing costs
- Inflation is falling. So what happens next? Here’s what economists say
- Inflation rises during April but continues to cool
More from bureau of labor statisticsMore posts in bureau of labor statistics »
- Interest rates surge again on surprisingly strong jobs report
- Housing costs remain stubbornly high despite relief on food, energy
- ‘Just a freakish bit of data’: Sticker shock imperils spring home demand
- Housing still biggest contributor as inflation slowed pace in February
- Real estate hiring keeps pace with strong US jobs growth
More from consumer price indexMore posts in consumer price index »
- Inflation rises to 3.2% in February, raising doubts about soft landing
- Demand for purchase mortgages drops for 3rd week in a row
- How changes to CPI may provide better rent inflation insights
- Mortgage rates post biggest 1-day drop since onset of the pandemic
- US rent hits just shy of all-time record high: Report
More from Dr. Lisa SturtevantMore posts in Dr. Lisa Sturtevant »
- Existing-home sales rose 9.5% amid winter inventory boost
- Housing starts leap in February as homebuilders become optimistic
- Annual inflation cools for 3rd month straight to 3.1%
- US home prices slip for fifth month as market bottom comes into view
- New-home sales continue modest rise — but market ‘lull’ lies ahead
More from federal reserveMore posts in federal reserve »
- Instead of cutting rates, what if the Federal Reserve raises them?
- JPMorgan Chase CEO warns of higher rates, more inflation
- Would-be homebuyers balk as mortgage rates head back up
- On the cusp of capital? Doubts creep in, broker-owners tell Intel
- Latest inflation numbers don’t rule out June rate cut, economists say
More from inflationMore posts in inflation »
More from Jerome PowellMore posts in Jerome Powell »
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Fed preparing to slow the pace of ‘quantitative tightening’
- Many hoped a March rate cut would boost housing. Now, it’s not so clear
- Homebuyer purchase loan demand falls again as mortgage rates firm
- Mortgage rates poised to drop as Fed projects 3 cuts
More from Markets & EconomyMore posts in Markets & Economy »
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Floridians grapple with insurance changes as hurricane season nears
- Coastal cities lead as single-family rent growth soars to 10-month high
- Homebuyers emboldened in wake of $418M NAR settlement: Intel poll
- How accessible is your business for people with disabilities?
More from SelectMore posts in Select »
- Industry gets some clarity on mortgage commission rules
- Ex-HGTV star convicted of fraud sentenced to 4 years in prison
- Homebuyers rush to lock as mortgage rates hit new 2024 highs
- Bye bye bye: Leave your team — without losing your connections
- Floridians grapple with insurance changes as hurricane season nears
Be First to Comment