Core US Inflation Climbs to Highest Since 1982

The video discusses the current economic situation, focusing on inflation contributors. Gasoline prices have decreased, but shelter costs have risen, contributing to inflation. Apparel and used car prices have declined, while new car prices have increased. Energy costs, particularly electricity and natural gas, have risen unexpectedly. Airline fares and motor vehicle insurance have also increased, adding to inflation pressures. Overall, the video highlights the complexity of inflation and the various factors influencing it.

What was the percentage decrease in gasoline prices mentioned in the video?

• 3.9%

• 4.9%

• 5.9%

• 6.9%

Which cost is highlighted as a significant contributor to inflation in the first section?

• Apparel

• Airline fares

• Electricity

• Shelter

What was the percentage increase in owners' equivalent rent discussed in the second section?

• 0.5%

• 1.2%

• 0.7%

• 1.0%

Which of the following experienced a price decline according to the second section?

• Natural gas

• Electricity

• Used cars

• New cars

What unexpected inflation contributor was mentioned in the final section?

• Gasoline

• Shelter

• Apparel

• Airline fares