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    Back to Press Play with Madeleine Brand

    Press Play with Madeleine Brand

    Why used cars are bumping up inflation — and your shopping bill

    Goods are expensive right now because inflation, or the consumer price index, spiked by 5% in June compared to 2020. It’s the largest 12-month increase in more than a decade. The culprit behind a lot of that spike? Used cars.

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    By Madeleine Brand • Jul 14, 2021 • 8m Listen

    Goods are expensive right now because inflation, or the consumer price index, spiked by 5% in June compared to 2020. It’s the largest 12-month increase in more than a decade. The culprit behind a lot of that spike? Used cars. After all those months inside, the road is calling, and Americans are snatching up used vehicles like never before. Analysts are concerned about how the inflation spike will affect the economy long-term.

    The full episode

    3 of 5
    LA’s latest COVID surge: 1000 cases for fifth day in a row
    1. 0:00More than 1000 COVID cases emerge in LA for fifth straight day. It’s the first major spike since March
    2. 9:1317 million gallons of raw sewage was discharged into the ocean. Why’d it take so long to alert the public?
    3. 18:10Why used cars are bumping up inflation — and your shopping billYou’re reading this
    4. 26:46Exploring Anthony Bourdain’s wanderlust and dark days in Oscar winner Morgan Neville’s ‘Roadrunner’
    5. 43:05Do some sharks have besties? New research shows they’re not solitary predators like we think
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Madeleine Brand

      Host, 'Press Play'

    • KCRW placeholder

      Sarah Sweeney

      Vice President of Talk Programming, KCRW

    • KCRW placeholder

      Angie Perrin

      Producer, Press Play

    • KCRW placeholder

      Michell Eloy

      Former Producer/Line Editor, Press Play

    • KCRW placeholder

      Gwynn Guilford

      covers the U.S. economy for the Wall Street Journal

      NewsBusiness & Economy

    The full episode

    3 of 5
    LA’s latest COVID surge: 1000 cases for fifth day in a row
    1. 0:00More than 1000 COVID cases emerge in LA for fifth straight day. It’s the first major spike since March
    2. 9:1317 million gallons of raw sewage was discharged into the ocean. Why’d it take so long to alert the public?
    3. 18:10Why used cars are bumping up inflation — and your shopping billYou’re reading this
    4. 26:46Exploring Anthony Bourdain’s wanderlust and dark days in Oscar winner Morgan Neville’s ‘Roadrunner’
    5. 43:05Do some sharks have besties? New research shows they’re not solitary predators like we think
    Back to Press Play with Madeleine Brand