MSNBC Chris Jansing Reports June 4, 2024 18:04:00
Yearly, now 3% yearly. if you take a look at the categories the consumer price index breaks out the categories. food and shelter did get cheaper. gas prices did take a leg up between may and june. those are monthly changes you're looking at there. when we talk about other contributors to inflation, declining on the headline number, look no further than for example used cars and trucks. this has been an area that was particularly squeezed by a shortage of micro chips in addition to high demand in the post pandemic period. we've seen prices fall by .5% between may and june. over 5% year over yea...