Consumer Prices Increase at Fastest Pace Since 2008
- LVM Capital
- Jun 11, 2021
- 1 min read
The Consumer Price Index (CPI) increase 5% year-over-year in May which was the largest increase since August of 2008. The increase was larger than the 4.7% increase expected by economists with used vehicles prices climbing the fastest. We discuss what the impacts of inflation are on investors.
For more information on the topics discussed:
Links:
Charts:
The Core CPI price index is now above pre-COVID trend:
"Covid-sensitive" items that saw outsized increases:
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