Jake Profile picture
10 Jun, 3 tweets, 1 min read
Details of the contributors to the 5% y-o-y CPI print. Used cars alone added a whopping 0.9% of headline CPI and 1.1% of core CPI.
there are two different inflation regimes in place right now... existing homeowners with cars have potentially experienced deflation the last 12-months (if they refi'd), while renters / those looking to buy a home that don't own a car have probably experienced elevated inflation
Warm weather vs cold weather regions probably experienced something dramatically different as well given energy as a share of their wallet

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