Inflation in Services Likely to Rise Further Despite Slowing Goods Prices

Abstract: Given rising demand for in-person services, the slow pass-through of surging house prices to rent and owners’ equivalent rent (OER), and higher health care worker wages, services inflation is likely to increase further.

Keywords: Inflation; Real Estate; Monetary Policy;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2022-09-06