How inflation affects housing costs

Shelter costs comprise a third of the overall Consumer Price Index (CPI). The CPI component rose 0.4% month over month and 5.4% year over year in May.
Yahoo Finance Reporter Dani Romero breaks down the latest shelter data and its outlook as inflation cools.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: www.instagram....
TikTok: www.tiktok.com...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
#inflation #housing #yahoofinance

[@drawdynasty]

Inflation is the rise in prices of goods and services in an economy over time, often caused by an increase in the amount of money available, which can reduce the value of savings.