“The most disappointing aspect of this report was the shelter data,” Omair Sharif, founder of the research firm Inflation Insights, wrote in a note after the report.

The Bureau of Labor Statistics released its Consumer Price Index (CPI) reading for the month of March on Wednesday morning. The data revealed that shelter inflation continues to drive stickiness ...

What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...

Omair Sharif, president of research firm Inflation Insights, said he doesn’t think so. ... Rent and other shelter prices went up 0.3% from October to November.

The Consumer Price Index increased from 2.4% in May to 2.7% in June year-over-year, according to the Bureau of Labor ...

"Those two factors will help lower shelter inflation toward an underlying pace that is more within the line of what we saw in 2018 and 2019," which was around 2.5% to 3%, Klachkin said.

Shelter costs rose 5.1% year-over-year and 0.4% month-over-month, ... founder of the research firm Inflation Insights, wrote in a note after the report, according to Yahoo Finance.

More benign inflation data on Friday has many people popping champagne bottles in celebration, but there is some turbulence ahead for inflation readings in the first quarter of 2024, said Omair ...

Inflation Insights LLC President Omair Sharif pointed out that excluding cars, core goods prices climbed 0.55% in June — the biggest monthly advance since November 2021. “Today’s report showed that ...

Inflation expectations, both public and market-based, are coming down from recent highs. The Fed appears to have won the argument that recent, pandemic-induced price spikes across the economy are ...