Is Inflation Old News?
The latest consumer price index (CPI) for all items is currently at 2.7%.
Inflation is in the headlines and we can see how multiple categories contribute to the inflation consumers are experiencing. The most volatile inflation producer is energy, followed by food.
In 2022, inflation was approaching 10% with a high of 9.1% in June 2022.
Source: U.S. Bureau of Labor Statistics
12-month percentage change, Consumer Price Index, selected categories, not seasonally adjusted. This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.
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