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Economy

progree

(11,499 posts)

1. CPI excluding shelter (3-month SAAR) Nov: +1.3%, Dec: -1.6%

Reply to mahatmakanejeeves (Original post)

Fri Jan 13, 2023, 12:30 PM

Jan 2023

from the MarketWatch Calendar link in your OP, https://www.marketwatch.com/economy-politics/calendar
SAAR means seasonally adjusted annual rate

There's a lot of spilled ink on the interwebs about how housing/shelter costs (rent and owner equivalent rent) are a lagging indicator in the CPI -- reflecting old rent leases much more than new leases which have been trending down. Some of that (from a month ago) is in my inflation megapost https://www.democraticunderground.com/10143007428#post2
(which has been updated for yesterday's CPI report, but the narrative about housing costs is from a month ago)

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Next week's major U.S. economic reports (January 16 -- January 20) [View all] mahatmakanejeeves Jan 2023 OP

CPI excluding shelter (3-month SAAR) Nov: +1.3%, Dec: -1.6% progree Jan 2023 #1

Thanks. I heard on the radio this morning that rent increases were not as much as they used to be, mahatmakanejeeves Jan 2023 #2