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...
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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...
Core Inflation Heats Up Unexpectedly in January
According to the Bureau of Labor Statistics, consumer price levels, measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased by 1.4% for the year ending in January compared to 0.7% for the year ending in December. After seasonal adjustments, the...
Prices Unexpectedly Inch Lower in December
The Bureau of Labor Statistics released December's inflation report this morning, rounding out the year with an unexpected monthly decline in price levels. Most analysts had forecast the headline consumer price index (CPI-U) would remain flat in December, instead it...
Annual Inflation Peaks in November
This morning, the Bureau of Labor Statistics released consumer inflation numbers for November. The Consumer Price Index for all Urban Consumers (CPI-U) was unchanged for the month following seasonal adjustments. This is what most analysts had expected. As the chart...
October Inflation in Line With Expectations
The BLS released October's inflation data this morning and there were no major surprises. The Consumer Price Index for All Urban Consumers (CPI-U) climbed a seasonally adjusted 0.2% in October following a decline of 0.2% in September. This is in line with consensus...
Annual Inflation Flat as Consumer Prices Decline in September
Falling gas prices kept inflation below zero for the month of August. The BLS announced this morning that the Consumer Price Index for All Urban Consumers (CPI-U) fell 0.2% in September on a seasonally adjusted basis; this is in line with expectations. In August, the...
August Inflation Stifled by Falling Gas Prices
Just ahead of the the FOMC's two day deliberation over a potential interest rate hike, the BLS released August's inflation data this morning. Headline inflation or the Consumer Price Index for Urban Consumers (CPI-U) fell a seasonally adjusted 0.1% for the month of...
July’s Weak Inflation Numbers Mean More Uncertainty Around September Rate Hike
On Wednesday, the Bureau of Labor Statistics released inflation data for July that was slightly below expectations. For the month, the headline number or Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% compared to a median estimate of 0.2% for...