The June Producer Price Index increased 0.8% for finished goods. May PPI increased 0.5%, but April dropped -0.7%. For the year PPI increased 2.5%. This is the biggest annual increase since March 2012. Gasoline again is the culprit, with wholesale prices surging 7.2%. Core PPI, which is finished goods minus food and energy prices, increased 0.2% for the month.
The September Consumer Price Index increased 0.6% from August. The CPI measures inflation. This is the second month in a row for CPI to increase 0.6% and these jumps are the largest since June 2009. The reason again is gas with a 7.0% increase in the gasoline index for September and August's CPI jump was also caused by gas at the pump with a 9.0% increase in gasoline prices.
In September, Producer Price Index, or wholesale inflation, increased 1.1% for finished goods and is the 2nd month in row for a jump. August PPI increased 1.7%. Gasoline again is the cause, with prices surging 9.8%. Gasoline was the culprit for 80% of the energy index ballooning by 4.7%. Food also increased by 0.2%. Core PPI, which are finished goods minus food and energy prices, had no change for the month.
The August Consumer Price Index, which measures inflation, increased 0.6% from July. This is the largest monthly increase since June 2009 and the reason for the jump is 80% gasoline prices. The CPI gasoline index increased a whopping 9.0% in a month. When removing food and energy inflation, of which gasoline is a part, core inflation increased 0.1% for August. Below is CPI's monthly percentage change.
CPI is up 1.7% from a year ago, shown in the below graph.
The Producer Price Index, or wholesale inflation, increased 1.7% in August 2012 for finished goods and is the largest monthly increase since June 2009. Energy alone ballooned by 6.4% with gasoline prices surging 13.6% in August. Food also jumped by 0.9%, the highest jump since November 2011. Core PPI, which is finished goods minus food and energy, increased 0.2% although July's core PPI increased by 0.4%.
The February Consumer Price Index, which measures inflation, increased 0.4%. Gas prices are responsible for 80% of the monthly CPI increase. From a year ago, CPI has risen 2.9%. Below is the graph for CPI's monthly percentage change.
The January Consumer Price Index, which measures inflation, increased 0.2%. From a year ago, CPI has risen 2.9%. Below is the graph for CPI's monthly percentage change.
The July Consumer Price Index increased 0.5% from last month and half of it is gas, which increased 4.7% in a month. Core CPI, or price increases minus food and energy costs, rose 0.2%. Core CPI is a Federal Reserve inflation watch number. For the year, not seasonally adjusted, the Consumer Price Index for all Urban Consumers (CPI-U) has risen 3.6%. In May CPI dropped by -0.2%.
The Consumer Price Index for June 2011 decreased -0.2% from last month and it's all gas, which plunged -6.8% in a month. Core CPI rose 0.3%, the same increase as last month, which was the largest jump since July 2008. Core CPI removes food and energy cost increases and is the number the Federal Reserve watches for inflation.
The Producer Price Index for finished goods increased 0.2% in May 2011. The PPI measures prices obtained for U.S. goods. Intermediate goods prices increased 0.9% and crude or raw materials prices dropped -4.1%. PPI is often called wholesale inflation by the press. This worries Wall Street:
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