The U.S. Department of Labor has once again released interesting data.
According to the data from the Department of Labor, the rent problem, one of the important factors of inflation, faced a significant relief in the second quarter. The rent rose by 5.4% in the first quarter and 3.9% in the second quarter. The rent data in the second quarter fell sharply. This is good for inflation data.
However, there are contradictory data results in the data. According to the new tenant rent index, the data has increased significantly compared with the first quarter and the fourth quarter of 2023.
The overall rent growth has dropped significantly, but the new tenant rent growth has increased significantly. What interesting data, it is estimated that the data will be revised later. Let's see how the Department of Labor adjusts it.
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