July Core Inflation climbs to 3.1% (excl Food/Energy).

[citygator]

Another citygator thread fail.

From your link. Core inflation got worse trending to 3.6%. You might want actually, ya know, read. Food increased 3.6% annually too.



“The index for all items less food and energy rose 0.3 percent in July, following a 0.2-percent increase in June. The shelter index increased 0.2 percent over the month. The index for owners' equivalent rent rose 0.3 percent in July as did the index for rent. Conversely, the lodging away from home index fell 1.0 percent in July.”

“The index for food was unchanged in July, after increasing 0.3 percent in the previous 2 months.”