The January 2024 Consumer Price Index of All Urban Consumers (CPI-U) report indicates that inflation rose by 0.3% for the month, matching the same level of price acceleration seen in December and rising sharply from November's more modest increase (+0.1%). These data...
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The Consumer Price Index Rose 0.3% in December, Seasonally Adjusted, and Rose 3.4% Annually
The December 2023 Consumer Price Index of All Urban Consumers (CPI-U) report indicates that inflation rose by 0.3% for the month, following a more moderate rise of 0.1% in November and remaining unchanged in October. These data were released at 8:30 am EST on...
The Consumer Price Index Rose 0.1% in November, Seasonally Adjusted, and Rose 3.1% Annually
There's much speculation about when or if the Federal Reserve will start cutting interest rates, with many analysts suggesting May 2024 as a potential target timeframe. The key determining factor is whether inflation can come under control before we get there. Markets...
The Consumer Price Index Was Unchanged in October, Seasonally Adjusted, and Rose 3.2% Annually
The Dow Jones Industrial Average spiked 400 points on Tuesday morning upon release of softer-than-expected inflation data for October. The October 2023 report of the Consumer Price Index of All Urban Consumers (CPI-U) indicates that inflation was unchanged for the...
The Consumer Price Index Rose 0.4% Seasonally Adjusted in September and Rose 3.7% Annually
The September 2023 report of the Consumer Price Index of All Urban Consumers (CPI-U) indicates that inflation increased by a lesser margin than August's 0.6% month-over-month bump that was largely driven by rising gasoline prices. The CPI-U increased by 0.4% on a...
The Consumer Price Index Rose 0.6% Seasonally Adjusted in August and Rose 3.7% Annually
The August 2023 report of the Consumer Price Index of All Urban Consumers (CPI-U) indicates that inflation jumped higher this month than any preceding month this year. The CPI-U increased by 0.6% on a seasonally unadjusted basis in August 2023, according to the Bureau...
The Consumer Price Index Rose 0.2% Seasonally Adjusted in July and Rose 3.2% Annually
According to the latest report of the Consumer Price Index of All Urban Consumers (CPI-U), inflation remains down by two-thirds from its mid-2022 peak. The CPI-U increased by 0.2% on a seasonally unadjusted basis in July 2023, according to the Bureau of Labor...
The Consumer Price Index Rose 0.2% Seasonally Adjusted in June and Rose 3.0% Annually
The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.2% on a seasonally unadjusted basis in June 2023, according to the Bureau of Labor Statistics report published July 12. Year-over-year, before seasonal adjustment the all-items index grew by 3.0%,...
Inflation vs Recession vs Depression – How Are They Linked?
In the realm of economics, three terms often crop up in discussions about the health of an economy: inflation, recession, and depression. While they are interconnected in various ways, each term represents a distinct economic phenomenon with different implications for...
The Consumer Price Index Rose 0.1% Seasonally Adjusted in May and Rose 4.0% Annually
The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.1% on a seasonally unadjusted basis in May 2023, according to the Bureau of Labor Statistics report published June 13. Year-over-year, before seasonal adjustment the all-items index grew by 4.0%,...