'Inflation Has Come Down, But...': Breaking Down The Latest CPI Report

Inflation in June fell to its lowest level in more than two years as the Federal Reserve’s war against price increases continue to bear fruit, though some data indicates inflation is far more stubborn than it may appear. Forbes reporter Derek Saul joins Brittany Lewis on "Forbes Newsroom" to discuss.

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[Poisonedblade]

Everything in grocery stores is still up 30%... even when they're on sale.
Property Insurance is up 400% in democrat areas.
It's almost as if the cost of living squeeze is forcing people from their homes so the WEF can buy up the property cheap.
"You will OWN NOTHING and be HAPPY." - The WEF 2017

[Poisonedblade]

Should we be happy that a gallon of gas is still under $10?

[KathyHales-vmqk]

Inflation has come down, but consumer costs haven’t?! We consumers aren’t seeing a positive spin on this as gas prices, groceries, and cost of goods and services, rent, mortgage, car insurance, are still through the roof. Where’s the good news?!

[joewestern]

There is a difference between inflation and inflation rate. If inflation rate is 1% every month for 10 months then stops, you are still at an effective 10% inflation.
Don’t let them fool you with their manipulation of statistics and semantics.
You’re paying a LOT more for almost everything than you were 3 years ago. You probably aren’t getting paid a lot more; inflation is still there, it’s just becoming static (stable).

[corneliusdeskins]

Bullshit, Walmart has raised at least 50%. as other stores.

[chrisgermo]

a major shock?....just look at your purchase history on your Amazon account from 3-4 years shoes, coffee, tea, food items, and a lot of basic electronics are 40-60% higher

[mccue]

Inflation rate and inflation are two different things...

[ze_german]

You guys talk about eggs and milk being expensive but housing has increased by at least 50% and 100% increase in borrowing money so a $250, 000 home pre-Covid cost today 400, 000 at 6 1/2 to 7% interest which basically doubles your mortgage payment. That is not 20% increase.

[Poisonedblade]

This dude reminds me of Bob's Big Boy Burgers for some reason.

[psilocybinsoughtme]

Tell that to my wallet when I go to the gas station and grocery store 🤬 #FJB

[davearbogast]

What a prpoganda vid - Which "CPI" ? CPI-U ? The key point is your stated the cost of fuel is down, yet motor fuel in NOT part of the offical CPI, but you know this.