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...
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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%,...
The Consumer Price Index Rose 0.4% Seasonally Adjusted in April and Rose 4.9% Annually
The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% on a seasonally unadjusted basis in April 2023, according to the Bureau of Labor Statistics report published May 10. Year-over-year, before seasonal adjustment the all-items index grew by 4.9%,...
The Consumer Price Index Rose 0.1% Seasonally Adjusted in March and Rose 5.0% Annually
The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.1% on a seasonally adjusted basis, per the Bureau of Labor Statistics. Year-over-year, before seasonal adjustment the all-items index grew by 5.0%, which is down from 6.0% in February. March's...
The Consumer Price Index Rose 0.4% Seasonally Adjusted in February and Rose 6.0% Annually
The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% on a seasonally adjusted basis, per the Bureau of Labor Statistics. Year-over-year, before seasonal adjustment the all items index grew by 6.0%, which is down from 6.4% in January. According...