Growth in inflation eased to a 2.7% pace overall, and to 2.6% excluding food or energy. Because of an inability to retroactively collect the October data, it is difficult to precisely identify why top-line inflation slowed. … READ MORE >
U.S. consumer price index
Market Minute: Expect November CPI to show 0.3% monthly increase
We expect both the top-line and core readings of the consumer price index to rise by 3% rise from a year ago when the data is released Thursday. … READ MORE >
U.S. September CPI: A perfect K-shaped economic report
The September CPI data gives cover to the Fed to cut rates on Oct. 29 and in December as inflation eased a bit on a monthly basis, to 0.3%, and ticked up on an annual basis to 3%. … READ MORE >
Stagflation is the story in August CPI as discretionary service prices surge
Demand for discretionary services remains stubbornly strong despite a slower pace of hiring and a softer pace of wage growth. … READ MORE >
In the July CPI, the temperature is rising in the core
The U.S. consumer price index in July saw a meaningful increase, driven by sticky service sector pricing and tariff-induced price increases, which are all over the report. … READ MORE >
Market Minute: Look beneath CPI headline to see the impact of tariffs
I expect a monthly increase of 0.3% in the top-line figure and the core, and annual increases of 2.8% for top line and 3% for the core. … READ MORE >
Market Minute: Demand-side inflation implies Fed still has work to do
When the consumer price index for June is released on Tuesday, we expect a top-line monthly increase of 0.3% and 0.2% on the core, which will translate to 2.6% year-over-year increase and 2.9% on the core. … READ MORE >
Large declines in energy prices dampen a modest increase in inflation
Beneath the surface, one can see an emerging sketch of how inflation will increase across the economy as tariffs take effect. … READ MORE >
In April CPI report, scant evidence of tariff-induced inflation
We think it probable that the pervasive uncertainty around trade policy caused businesses to simply remain in place until they had more information about the tariffs. … READ MORE >
Market Minute: CPI will start to reflect tariffs, especially in used autos
The April consumer price index will provide insight in the early days of the current trade conflict when it is released Wednesday as signs of rising prices for apparel, autos, shoes and toys will begin to appear. … READ MORE >