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FRED Analysis: Median consumer price index

In Jul 2022 the change in the Median consumer price index in the US was 6.48% higher from the same time the previous year.
Over the last 20 years, the annual rate of change has been as high as 9.13% in Jun 2022 and as low as -0.29% in Mar 2010.
In the last 20 years the CPI has never witnessed that type of change.