Inflation Rises along with Housing Costs

By Brad Beckett

We try to stay on top of inflation news as it happens.  Today’s graphic from Statista reminds us that inflation edged up slightly in February, with rising housing costs putting upward pressure on the Consumer Price Index.  Interestingly, due to its weight in the CPI, the cost of shelter continues to be a major driver of inflation – with the index for shelter climbing for the 46th consecutive month. Indeed….Stay safe and have a Happy Friday!