The inflation numbers for April released on Wednesday show the Consumer Price Index rising by 4.2% compared to April 2020, higher than the Bloomberg consensus forecast of 3.6%. … READ MORE >
Consumer Price Index
CHART OF THE DAY: U.S. food prices likely past pandemic peak
Food prices increased by 3.5% in March, according to recent government data, and those increases are likely to become more muted as global supply chains move back toward full production in the near term. … READ MORE >
Consumer Price Index: Inflation begins its temporary march upward
Increases in energy and transportation costs that were made more extreme by comparisons to last year’s economic downturn helped push the Consumer Price Index higher at an annual rate of 2.6% in March. … READ MORE >
CHART OF THE DAY: Rising food costs catch up with grocers
The producer price index for final demand foods increased by 4.4% in February from the year before, outpacing the 3.6% increase in the consumer price index for food at-home purchases. … READ MORE >
U.S. February Consumer Price Index: Inflation to rise from a low base
In February, the top-line CPI index increased by 0.4% month over month and by 1.7% year over year. Core CPI excluding food and energy inched forward by 0.1% on the month and rose 1.3% on a year-ago basis. … READ MORE >
CHART OF THE DAY: Consumer Price Index shows little risk of inflation
The October Consumer Price Index was flat on the top line and in the core metric that excludes energy and food. … READ MORE >
Consumer Price Index: Modest increase in prices, inflation expectations well anchored
Strong demand for transportation and energy, which increased by 1.3% and 0.9% in August, were the primary catalysts for the 0.4% increase in the Consumer Price Index. The all-important core CPI excluding food and energy rose by a similar amount. … READ MORE >
June Consumer Price Index: Inflation not a risk to near-term economic outlook
Rising energy and gasoline prices accounted for roughly half of the 0.6% increase month over month inside the June Consumer Price Index report and should prove transient due to easing demand on the back of an intensifying pandemic. … READ MORE >
April U.S. Consumer Price Index: Another whiff of pandemic-caused deflation
The 0.8% decline in the Consumer Price Index in April, announced on Tuesday, should serve as a cautionary tale to those espousing dead dogma around risks to inflation. … READ MORE >