Personal notes on CPI Notable on energy and food (that the Fed doesn't count but the consumer feels): Up tick in dairy and related products Up tick on fuel oil (which is really distillates) ...this one is why we saw a notable increase in air fares Also notable was the uptick in used cars, I would surmise due in to tariffs raising the price of new vehicles, with less used car inventory coming to market as fewer off-lease vehicles are returning to the market (meaning people are extending leases or outright purchasing after their leases have ended).