The Consumer Price Indexdropped -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.
The monthly Consumer Price Indexdropped -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.
The monthly Consumer Price Indexdropped -0.3% for November. That's some serious deflation but not to worry, it's all about falling oil prices. Gasoline prices declined the steepest since December 2008. Inflation with gas and food removed increased a very tame 0.1%. CPI measures inflation, or price increases.
The monthly Consumer Price Index increased 0.1% for September. CPI measures inflation, or price increases. September shows relief at the pump while steak lovers are hurting. Core inflation is below the Fed's target point. Yet while the monthly inflation number seems low, the situation is actually much more of a mixed bag, in part due to the way CPI is tabulated.
The monthly Consumer Price Index increased 0.1% for January. CPI measures inflation, or price increases. While the monthly inflation number seems low, the situation is actually a mixed bag as electricity has it's largest inflation jump since January 2010. Natural gas costs also ballooned and the cost of sheltering oneself rose dramatically.
The Consumer Price Index increased 0.3% for December as the price of gas increased 3.1% and the cost of housing oneself is on the rise. CPI measures inflation, or price increases. This is the highest monthly increase in six months, yet for the year inflation is low. Overall energy costs increased 2.1% in December where price increases are needed least.
The monthly Consumer Price Index had no change for November as the price of gas declined. CPI measures inflation, or price increases. While overall inflation was unchanged, consumers still did not get a break for the cost of sheltering oneself rose dramatically.
The monthly October Consumer Price Index declined by -0.1% on gas prices. CPI measures inflation, or price increases and for the year has increased 1.0%. This is the lowest annual inflation since the height of the Great Recession, October 2009.
The August Consumer Price Index increased 0.1% from July. CPI measures inflation, or price increases. Take away food and energy out of the picture and inflation still only increased 0.1%, mainly on housing cost increases and medical care. A 0.1% monthly increase is a low rate of inflation.
The June Consumer Price Index increased 0.5% from May. CPI measures inflation, or price increases. This is the largest monthly CPI increase since February where inflation rose 0.7%. The culprit this time is gasoline, which caused two thirds of the increase in CPI and by itself rose 6.3%. Take food and energy items out of the index and core inflation rose 0.2% from May.
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