U.S. Consumer Prices Surge in June, Topping All Estimates

The video discusses the recent rise in the Consumer Price Index (CPI) and core rate, highlighting significant increases in prices on a month-over-month and year-over-year basis. It examines specific sectors such as food, energy, gasoline, used cars, apparel, services, and shelter, noting their contributions to inflation. The video emphasizes the broader-based inflation and the potential concerns it raises.

What was the month-over-month change in the Consumer Price Index (CPI)?

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What was the forecast for the core rate of inflation?

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What significant price increase was noted in gasoline prices?

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How much did shelter prices increase compared to the prior month?

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What is the headline inflation number mentioned in the text?

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