food inflation

Inflation is Zero for the 2nd Month in a Row Yet Highest Year Since 2007 Says the December 2011 CPI Report

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%.

Inflation Indicator CPI Is Zero for November 2011, 3.4% for the Last 12 Months

The November Consumer Price Index, which measures inflation, had no change, or zero from last month. The flat line was caused by a -1.6% energy decrease for the month. Food increased 0.1%. Gas alone decreased -2.4% in a month and food at home, or groceries, decreased -0.1%. Eating out increased 0.3%. Core CPI, or price increases minus food and energy costs, rose 0.2%.

CPI up 0.5% for July 2011

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%.

 

PPI for May 2011

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:

PPI for March 2011

The Producer Price Index for finished goods increased 0.7% in March 2011. The PPI measures prices obtained for U.S. goods. Intermediate goods prices increased 1.5% and crude or raw materials prices dropped -0.5% after rising 3.4% in February. PPI is often called wholesale inflation by the press.

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