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August Inflation -0.1% Due to Energy Prices

The Consumer Price Index decreased by -0.1% for August on energy price declines  Gasoline alone dropped -4.1% for the month.  Inflation without food or energy prices considered increased 0.1% for the month.  From a year ago overall CPI has increased 0.2%, which is very low, yet without energy and food considered, prices have increased 1.8%.

CPI Increases Only 0.1% for July, From a Year Ago Up Only 0.2%

The Consumer Price Index increased 0.1% for July, which is very mild.  This is in spite of a 0.9% increase in gasoline prices.  Energy overall only increased 0.1%.  Inflation without food or energy prices considered increased 0.1% for the month even with a 0.4% shelter cost increase.  From a year ago overall inflation has increased 0.2%, which is very low.

Eggs Lay One On CPI and Wages

The Consumer Price Index increased 0.3% for June, as gasoline increased by 3.4%.  Eggs are the new gold as prices had a one month spike not seen since 1973.  Energy overall was up 1.7%.  Inflation without food or energy prices considered increased 0.2% for the month on soaring shelter costs.  From a year ago overall inflation has increased 0.1%.

March CPI Shows Inflation Rising

The Consumer Price Index increased 0.2% for March, the same rate as February, as overall energy costs continued to rise.  Gasoline prices alone increased 3.9%.  Inflation without food or energy prices considered increased 0.2% for the month.  From a year ago overall inflation declined -0.1% and this is due to the previous plunge in gasoline prices.

Gas Price Drop Deflates Consumer Price Index

The Consumer Price Index dropped -07% for January, the largest monthly drop since December 2008 and the steepest monthly decline in a series of seven.  Gasoline prices plummeted -18.7%, the steepest since December 2008.  The drop in gas overwhelmed the Consumer Price Index and was the cause of the overall drop.

Low Inflation On Much More than Gas as CPI Declines -0.4%

The monthly Consumer Price Index dropped -04% for December, the largest monthly drop since 2008  Once again it's all about falling oil prices.  Gasoline prices declined the steepest since December 2008.  Inflation with gas and food removed flat-lined and had no change from last month.   CPI measures inflation, or price increases.

 

Pending Homes Sales Point to Party Over

The National Association of Realtors Pending Home Sales declined by -0.6% in October 2013.  This is the 5th month in a row where pending home sales have declined and is the lowest level for pending home sales since Decenber 2012.  September pending home sales dropped by -4.6%  Pending home sales have declined -1.6% from a year ago.

 

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