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Official March inflation data from the BLS was a mixed bag with headline CPI continuing to remain under pressure, but a significant rise in Core CPI ex Food and Energy was enough to trigger knee jerk uncertainty about the outlook for the Fed’s immediate interest rate...
The U.S. economy got a little economic boost today with a stronger-than-expected CPI reading for February, and a strong Purchasing Manager's Index (PMI) that continued to project GDP growth. Headline CPI and core CPI both came in 0.2% higher than January, as slight...
Inflation is one of the most important economic indicators available to consumers and investors as it gives a strong signal how the economy is currently performing, and perhaps more importantly, a strong hint at which way monetary policy is likely to swing in the...
CPI stands for Consumer Price Index, and it is a measure of inflation. It is calculated by measuring the change in a specific group of goods and services over time. The CPI is calculated by the US Bureau of Labor Statistics. What the CPI Measures The CPI measures the...
CPI data is used to calculate inflation with the following general formula: CPI1 = initial CPI CPI2 = final CPI Inflation = (CPI2-CPI1)/CPI1 Since two CPI values define inflation, the consumer price index has a large effect on reported inflation. CPI and Inflation...
| Monthly | Yearly | |
|---|---|---|
| October 2024 |
0.2% 
|
2.6%
|
