While CPI inflation is at 3.1%, inflation is much higher in many basic necessities:

1. Car Insurance Inflation: 20.6%
2. Transportation Inflation: 9.5%
3. Hospital Services Inflation: 6.7%
4. Car Repair Inflation: 6.5%
5. Homeowner Inflation: 6.2%
6. Rent Inflation: 6.1%
7. Food…

— The Kobeissi Letter (@KobeissiLetter) February 13, 2024