[jussij]

The page says the monthly USA CPI came in at 0.2% which is quite low as if that trend continues, it will equate to a 2.4% annual inflation number.

The 'Shelter up' in the comment refers to this statement found in the report:

The index for shelter was the largest contributor to the monthly all items increase, accounting for over 70 percent of the increase

That means rents are still going up and they also account for the largest rise in monthly inflation.

[boringuser2]

I have been holding that housing will never decrease in price since the big COVID spike, and it seems to be playing out.