tag:blogger.com,1999:blog-1110014885778996459.post1740514684361940947..comments2024-03-28T04:16:11.729-07:00Comments on Idiosyncratic Whisk: June 2018 CPI InflationKevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1110014885778996459.post-29569960012108057162018-07-15T09:40:15.634-07:002018-07-15T09:40:15.634-07:00i did read that total shelter figure wrong, btw; i...i did read that total shelter figure wrong, btw; it was +0.1%, as you implied...i'd read the wrong far right number on a wide spread sheet....<br /><br />while homeowners equivalent is a third of shelter and rent is another fifth, they include a lot of other homeowner's costs in that shelter component, such as water and sewer bills, landscaping and trash collection, repairs & maintenance, homeowner's insurance, and even dorm rooms ex board at colleges...it's rare though when one of those is enough of an outlier to seriously impact the final shelter number...rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-26488604681692734842018-07-15T06:02:18.484-07:002018-07-15T06:02:18.484-07:00Yeah, I think housing costs are still a driving fo...Yeah, I think housing costs are still a driving force in the CPI. I see the rents softening in closed access cities, but my guess is supply is still constrained nationally, in a growing economy. As you know, housing starts are feeble. <br /><br />Maybe the economy has settled into slow growth stasis. The Fed will probably budge rates up. Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-85519505265084619932018-07-13T23:24:18.510-07:002018-07-13T23:24:18.510-07:00Interesting. Thanks for the heads up.Interesting. Thanks for the heads up.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-89226769177001439372018-07-13T23:08:56.585-07:002018-07-13T23:08:56.585-07:00RE: "a bit of a reversal in shelter vs. non-s... RE: "a bit of a reversal in shelter vs. non-shelter inflation rates this month"<br /><br />rents and homeowners equivalent were at +0.3%, pretty much as usual...shelter was only up 0.2% because of a 4.1% decrease in prices for "lodging away from home at hotels and motels"rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.com