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Bloomberg Price Project now covers 85 percent of CPI basket, Anna Wong flags

Bloomberg Price Project now covers 85 percent of CPI basket, Anna Wong flags
Bloomberg flags inflation in May basket

Anna Wong highlights updates from the Bloomberg Price Project, which currently covers 85 percent of the CPI basket and provides insights into May inflation.

She flags a pickup in computer-related goods due to memory chip and NAND shortages, strong airfares, and accelerated price inflation in sports equipment and major appliances.

Wong previously outlined major drivers in recent inflation data. In April, she noted that rents inflation could double the typical monthly pace. The Bloomberg Price Project now tracks broader trends in other CPI components.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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