The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.2% in June, 2023.  The all items index was up 3% for the 12 months ending in June.  Once again, the BLS says the index for shelter (housing costs) was the largest contributor (70%) to the monthly all items increase.

Read the full report at the Bureau of Labor Statistics: www.bls.gov/news.release/pdf/cpi.pdf. This article was republished from Real Estate Investing Today, a weekly blog from the National REIA. Read more at realestateinvestingtoday.com.