July 13, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Hotter CPI

Please click here for a chart of the Consumer Price Index (CPI).

Note the following:

• June Core Consumer Price Index came at 0.9% vs. 0.5% consensus.The headline CPI also came at 0.9% vs. 0.5% consensus.
• The data indicate that inflation is running much hotter than the consensus.
• For investors, it is important to take a look at CPI over a long term.  This is the reason the chart shows CPI over the last 20 years.
• Note from the chart the latest spike in CPI.