The May Consumer Price Index, which measures inflation, declined -0.3% from April. The reason was gasoline prices, which plunged a whopping -6.8% from last month Below is the graph for CPI's monthly percentage change.
May 2012 Retail Sales decreased, by -0.2%, mainly due to dropping gas prices. Minus autos & parts, retail sales also decreased, -0.4%. April retail sales were revised down from 0.1% to -0.2%. May Retail sales are up 5.3% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.
The April Consumer Price Index, which measures inflation, had no increase or decrease from March. The reason was gasoline prices, which declined -2.6% from last month Below is the graph for CPI's monthly percentage change.
April 2012 Retail Sales increased 0.1%. Minus autos & parts, retail sales also increased 0.1%. March retail sales were revised down from 0.8% to 0.7%. Retail sales are up 6.4% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.
March 2012 Retail Sales increased 0.8%. Minus autos & parts, retail sales also increased 0.8%. February retail sales were revised down from 1.1% to 1.0%. Retail sales are up 6.5% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.
The March Consumer Price Index, which measures inflation, increased 0.3%. Inflation was across the board and for the year has increased 2.7%. Below is the graph for CPI's monthly percentage change.
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.
January 2012 Retail Sales increased 0.4%. Minus autos & parts, retail sales increased 0.7%. December retail sales were revised down from 0.1% to 0%, or no change from the previous month. Retail sales are up 5.8% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.
The December Consumer Price Index, which measures inflation, had no change, or zero from last month. This is the second month in a row for zero inflation. The flat line was caused by a -1.3% energy decrease. Gas alone decreased -2.0% in a month. Food increased 0.2%. For the year, not seasonally adjusted, the Consumer Price Index for all Urban Consumers (CPI-U) has risen 3.0%.
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