Locator: 49727INFLATION.
Inflation: comes in much less than expected. NY Times says: don't believe it. It's an anomaly, even if it's accurate and you believe it. Link here. Meanwhile, unemployment inched up last month, now at a recent high at 4.6%. J Pow says more data needed before changing the Fed rate.
From same article, same link:
Explains why our rent did not go up -- on 18-month leases, back to back -- 36 months of stable rent.
Re-posting:
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Inflation Watch
This is a most unscientific, useless piece of data but it's what I'm seeing in my neighborhood. Price of eggs is generally tracked at Walmart. Romaine lettuce is back to normal.
Percent changes (in bold red) are compared to the base year, 2014, not year-over-year. Most alarming, without question, is the cost of mailing/shipping. The high cost of USPS is offset by a) almost no letter mail any more -- has long been replaced by e-mail; and, b) almost no shipping, replaced almost entirely by Amazon Prime, free shipping.
Rent: in addition, most important to us, I suppose, is our rent. We generally sign for longest lease available if we have no plans to move.
As long as I can remember, we have signed 18-month leases.
We just signed our new 18-month lease, begins next March, 2026. Signing three months is advance gets us a nice monthly discount and a little bit of a one-time incentive at the start of the lease for signing early. Whoo-hoo.
Our lease for the next 18 months did not go up / did not increase. Okay, it did, a little -- $18 / month. The price of two $9-lattes at Starbucks.
Beef: what are y'all paying for beef in your neck of the woods. Screenshots of our grocers' circulars from yesterday:
