AI Data Insight
In June 2026 (Q2 2026), the US CPI Shelter Index climbed to 429.062, showing a slight increase from the previous value of 428.677, with the absolute value continuing to hit new highs. However, as the annual growth rate fell back to 3.3% and the monthly increase hit a nearly three-year low, it indicates that the stickiness of housing costs has begun to loosen. This data, coupled with the weakness of the overall core CPI, is expected to provide the Federal Reserve with more maneuvering room for monetary policy in the second half of the year.