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Tribune News Service
Tribune News Service
Business
Suzanne De Vita

Inflation and the housing market: What you can do as prices spike

Inflation isn’t done with the American public yet.

After a modest (0.1) percent rise in August, the Consumer Price Index rose 0.4 percent in September, led by large increases in the cost of food, medical care — and shelter.

While shelter rose 0.7 percent overall, both the rent index and the homeowners’ equivalent rent index rose 0.8 percent in September. The latter is the largest monthly increase in that index since June 1990.

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