Consumer Prices Surge Again, Core CPI Jumps Most Since 1991

by Mike ‘Mish’ Shedlock
The Street

The CPI and the core CPI (excluding food and energy) both jumped 0.6% in July from June.

Core CPI Up Most Since January 1991

The BLS CPI Report shows another sharp month-over-month rise, but year-over-year is another matter.

CPI Month-Over Month

– The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in July on a seasonally adjusted basis, the same increase as in June.

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