The Consumer Price Index ballooned up by 0.4% for April as energy prices jumped up 3.4%. Gasoline alone really shot up, 8.1% for the month. Inflation with food and energy price changes removed increased 0.2% with shelter and medical costs once again increasing. From a year ago overall CPI has increased 1.1%.
The Consumer Price Index increased 0.1% in March as energy prices increased for the first time since November. Gasoline by itself increased 2.2% for the month. Inflation without food or energy prices considered increased 0.1% with shelter and medical costs once again leading the charge. From a year ago overall CPI has increased 0.9%, which is very low.
The Consumer Price Index had no change for January as energy prices declined once again. Gasoline alone plunged by -4.8% for the month. Inflation without food or energy prices considered increased 0.3% with shelter and medical costs leading the charge. From a year ago overall CPI has increased 1.4%, which is double the annual rate of last month.
The Consumer Price Index decreased by -0.1% for December as energy prices declined. Gasoline alone decreased -3.9% for the month. Inflation without food or energy prices considered increased 0.1% for the month. From a year ago overall CPI has increased 0.7%, which is very tame and the second slowest rate in 50 years.
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%.
The July personal income and outlays report shows a 0.3% increase in consumer spending. When adjusted for inflation, consumer spending rose 0.2%. Personal income increased 0.4% while real disposable income also increased 0.4% for the month. This is moderate growth. Wages also seem to be finally picking up.
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.
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%.
The May personal income and outlays report shows a massive increase of 0.9% in consumer spending, which is great news for economic growth. Adjusted for inflation consumer spending rose 0.6%. Personal income also increased 0.5% Real disposable income increased 0.2% for the month.
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