The U.S. Bureau of Labor Statistics (BLS) released its March Inflation report on April 10th, 2020, for the 12 months through the end of March 2020. Annual Inflation Down Sharply Inflation fell sharply to 1.54% in March from 2.33% in February and 2.49% in January. CPI Index in February was 258.679 and fell to 258.115 in March. Monthly Inflation for March was -0.22%, February was 0.27% typically January through May are highly inflationary so this was VERY unusual. The FED has massively cranked up the "printing presses" using "Quantitative Easing" in an effort to stimulate the economy in the wake of COVID-19. FED Funds Rate down sharply. Next release May 12th Annual … [Read more...]
February Inflation Falls to 2.33%
The U.S. Bureau of Labor Statistics (BLS) released its February Inflation report on March 11th, 2020, for the 12 months through the end of February 2020. Annual Inflation Falls Annual inflation fell from the high set at 2.49% in January to 2.33% in February. CPI Index in February was 258.678 up from January's 257.971, December was 256.974, November was 257.208 down from October's 257.346 Monthly Inflation for January was 0.39%, while February was 0.27% down from 0.42% in February 2019. Next release April 10th Currently, the inflation rate is above the FED's target 2% rate. But the FED is concerned with a market meltdown due to falling Oil prices and the Coronavirus so … [Read more...]
January Inflation Spikes to 2.49%
The U.S. Bureau of Labor Statistics (BLS) released its January Inflation report on February 13th, 2020, for the 12 months through the end of January 2020. Annual Inflation Jumps Up Again Annual inflation tops the 2019 high set in December at 2.29% reaching 2.49% in January. CPI Index in January was up almost 1 point to 257.971, December was 256.974, November was 257.208 down from October's 257.346 Monthly Inflation for January was 0.39%, December was -0.09% up from 0.19% in January 2019. Next release March 11th Annual inflation for the 12 months ending in January was up to 2.49%. Annual inflation in December was 2.29%. The CPI index itself rose almost exactly a full … [Read more...]
December Inflation is Up
The U.S. Bureau of Labor Statistics (BLS) released its December Inflation report on January 14th, 2020, for the 12 months through the end of December 2019. December Inflation Jumps Up Annual inflation tops the 2019 high set in November at 2.05% reaching 2.29%. CPI Index in December was 256.974, November was 257.208 down from October's 257.346 Monthly Inflation for December was -0.09% up from -0.32% in December 2018. Next release February 13th The CPI index itself decreased again this month (i.e. prices were actually lower this month than last month). October's CPI Index was 257.346, November's decreased to 257.208 and December's decreased again to 256.974 but each time … [Read more...]
October Inflation has Slight Increase
The U.S. Bureau of Labor Statistics (BLS) released its October Inflation report on November 13th, 2019, for the 12 months through the end of October 2019. Annual Inflation is Up Very Slightly Annual inflation in October was 1.76% up from September's 1.71% and still virtually unchanged from August's 1.75%. Inflation has been in a narrow range throughout 2019. 1.79% in May, 1.81% in July, 1.65% in June, with a high of 2.00% in April. Inflation peaked at 2.95% in July 2018. The CPI-U index in October was 257.346 Monthly Inflation for October was 0.23%, September was 0.08%, August was -0.01%, July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, April was … [Read more...]
September Inflation Virtually Unchanged
The U.S. Bureau of Labor Statistics (BLS) released its September Inflation report on October 10th, 2019, for the 12 months through the end of September 2019. Annual Inflation is Down Very Slightly Annual inflation in September was 1.71% virtually unchanged from August's 1.75%. Inflation has been in a narrow range throughout 2019. 1.79% in May, 1.81% in July, 1.65% in June, peaking at 2.00% in April. Inflation peaked at 2.95% in July 2018. The CPI-U index in September was 256.759 up from 256.558 in August. Monthly Inflation for September was 0.08%, August was -0.01%, July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, April was 0.53%, March was 0.56%. … [Read more...]
August Inflation Report
The U.S. Bureau of Labor Statistics (BLS) released their August Inflation report on September 12th 2019, for the 12 months through August 2019. Annual Inflation is Down Slightly Annual inflation in August was 1.75% very similar to the 1.79% in May and the 1.81% in July. But still above the 1.65% in June, and below the 2.00% in April. Inflation peaked at 2.95% in July 2018. CPI Index in August was 256.558. July was 256.571, June was 256.143, May was 256.092. April's was 255.548 and March was 254.202. Monthly Inflation for August was disinflationary -0.01%, July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, April was 0.53%, March was 0.56%. Next release October … [Read more...]
Annual Inflation in May: Down
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on June 12th 2019, for the 12 months through May 2019. Annual Inflation is Down Annual inflation in May was 1.79% down from 2.00% in April and 1.86% in March. CPI Index was 256.092 up from 255.548 in April and 254.202 in March. Monthly Inflation for May was 0.21%, April was 0.53%, March was 0.56%, May 2018 was 0.42%. Next release July 11th Quantitative Tightening (QT) continues check it out here. What is Quantitative Tightening? Annual inflation for the 12 months ending in May was 1.79% (i.e. below the FED target of 2.00%) down from 2.00% in April. But still above the 1.52% … [Read more...]
April Inflation Up Sharply
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on May 10th 2019, for the 12 months through April 2019. Annual Inflation is Up Annual inflation in April was 2.00% up from 1.86% in March. CPI Index was 255.548 up from 254.202 in March. Monthly Inflation for April was 0.53%, March was 0.56%, April 2018 was 0.40%. Next release June 12th Quantitative Tightening (QT) continues check it out here. What is Quantitative Tightening? Annual inflation for the 12 months ending in April was at the FED target of 2.00% (a rare occurrence). It was Up from 1.52% in February and 1.86% in March but still below the 2.18% in November 2018. … [Read more...]
March Inflation is Up
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on April 10th 2019, for the 12 months through March 2019. Annual Inflation is Up Annual inflation in March was 1.86% up from 1.52% in February. CPI Index was 254.202 in March up from 252.776 in February. Monthly Inflation for March was 0.56%, in February monthly inflation was 0.42% and in March 2018 it was 0.23%. Next release May 10th We've added another bar to the Annual Inflation Rate Chart indicating Quantitative Tightening (QT) check it out here. What is Quantitative Tightening? Annual inflation peaked at 2.95% in July 2018 and fell steadily through February … [Read more...]
