The page says the monthly USA CPI came in at 0.2% which is quite low as if that trend continues, it will equate to a 2.4% annual inflation number. The 'Shelter

The page says the monthly USA CPI came in at 0.2% which is quite low as if that trend continues, it will equate to a 2.4% annual inflation number. The 'Shelter up' in the comment refers to this statement found in the report: The index for shelter was the largest contributor to the monthly all items increase, accounting for over 70 percent of the increase That means rents are still going up and they also account for the largest rise in monthly inflation.