This morning the Bureau of Labor Statistics released consumer price data for November that was marginally ahead of expectations. For the year, prices measured by the Consumer Price Index for All Urban Consumers (CPI-U) climbed 1.7%, compared to an anticipated 1.6%....
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Core Inflation is Sluggish in October
Prices, measured by the consumer price index for all urban consumers (CPI-U), inched up 0.1% in October, after increasing 0.2% in September. However with seasonal adjustments, inflation accelerated to 0.4% in October from 0.3% in September due to a spike in energy...
Higher Gas Prices Spark Inflation in September
The consumer price index climbed 0.2% in September according to today's inflation repot from the BLS. Higher prices for shelter and energy bolstered monthly inflation. For the year ending in September, the CPI increased 1.5%, the highest 12-month rate in nearly...
Inflation Stronger Than Expected in August
According to this morning's report from the BLS, headline inflation was 1.1% for the year ending in August. This is up from 0.8% for the year ending in July and also higher than markets had expected. The federal reserve will welcome this news as stubbornly slow...
Prices Mostly Stagnant in July
According to this morning's monthly inflation report from the BLS, consumer prices fell 0.2% in July after rising 0.3% in June. With seasonal adjustments, overall price levels were flat in July following increases of 0.2% in both May and June. Over the 12-months...
June Inflation Slow and Steady
According to the BLS's monthly inflation report, consumer prices climbed 0.3% in June, down slightly from 0.4% in May. However, with seasonal adjustments, inflation was 0.2% in both May and June. For the year ending in June, inflation was 1%, in-line with the year...
Lower Grocery Store Bills Offset by Higher Rents in May
The Consumer Price Index for All Urban Consumers (CPI-U), a popular measure of inflation, climbed 0.4% in May according to today's monthly report from the Bureau of Labor Statistics. With seasonal adjustments, inflation was 0.2% in May, down from 0.4% in April....
Gas Prices Spark Inflation in April
Headline inflation, measured by the Consumer Price Index for All Urban Consumers (CPI-U), was 0.5% in April according to today's report from the US Bureau of Labor Statistics. With seasonal adjustments, prices were up 0.4%, the highest monthly rate since February 2013...
Economic Growth Fails to Spark Inflation in March
Today's inflation data will be a disappointment to the Federal Reserve as it does not support their intention to raise interest rates in the near term. In the absence of healthy underlying price pressure, the case for economic tightening is weak. According to this...
February’s Core Inflation Strengthens Fed’s Case for Rate Hikes
Headline inflation, measured by the Consumer Price Index for all Urban Consumers (CPI-U), was 1% for the year ending in February compared with 1.4% for the year ending in January. Prior to seasonal adjustments, consumer prices were reportedly up 0.1% in February...