Housing, Lodging Costs Rose More in August Than Any Single Month Since 1991
Housing and lodging have gone bananas. According to the consumer price index for August, which was released Tuesday, shelter prices went up 0.7% from July to August 2022. That is the largest one-month jump that measurement has had since 1991, according to an Axios Macro newsletter. The newsletter’s author, Neil Irwin, summed it up: “The…