Economy

progree

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6. nearly half of the products showed an increase of 5% or more, nearly double the share seen in January

Reply to mahatmakanejeeves (Original post)

Thu Jul 17, 2025, 12:22 AM

Thursday

Yahoo Finance, 7/16/25
Atlanta Fed President Raphael Bostic
https://finance.yahoo.com/news/feds-bostic-recent-data-show-200457265.html

The Consumer Price Index rose 2.7% in June compared to 2.4% in May. Bostic noted that nearly half of the products showed an increase of 5% or more, nearly double the share seen in January

. . . a metric Bostic has focused on as evidence of inflationary pressure spreading in the economy

The 5% or more no doubt refers to the year-over-year price increases over June 2024, not the May to June increase. Still, a 5+% yoy increase in nearly half the items is quite a lot.

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nearly half of the products showed an increase of 5% or more, nearly double the share seen in January progree Thursday #6