The U.S. Bureau of Labor Statistics released its January 2025 Inflation report on Wednesday February 12th 2025, showing Annual Inflation was up from 2.9% in December to 3.0% in January. This looks like a 0.1% increase. (But since we calculate it to two digits, it was 2.89% in December and 3.00% in January, which means the actual increase was 0.11%.) On a non-seasonally adjusted basis, monthly inflation was 0.04% in December and a whopping 0.65% in January 2025 this was up from 0.54% in January 2024. Inflation Prediction: As you can see from our MIP projection from last month, January's Annual inflation at 3.00% is just above our predicted Extreme High. … [Read more...]
Inflation Quintuples… Still Below 1%
Annual Inflation Rebounds Annual Inflation rose to 0.65%. CPI Index rose from 256.394 in May to 257.797 in June. Monthly Inflation for June was 0.55%, May was 0.002%, April was -0.67%, March was -0.22%, February was 0.27%. The FED may be slowing its "Quantitative Easing" in an effort to prevent hyperinflation. FED Funds Rate up slightly but still remains near Zero. Next release August 12th The Bureau of Labor Statistics Released the Inflation Data for the 12 months ending in June on July 14th. Monthly Inflation SOARS to 0.55%. Annual inflation for the 12 months ending in June was 0.65%, May was 0.12%, April was 0.33%, March was 1.54% down sharply from February's … [Read more...]
April Inflation Near Zero
The U.S. Bureau of Labor Statistics (BLS) released its April Inflation report on May 12th, 2020, for the 12 months through the end of April 2020. Annual Inflation Down Sharply... Again! Inflation fell sharply to 0.33% in April from 1.54% in March, 2.33% in February and 2.49% in January. CPI Index in 258.115 in March fell to 256.389 in April. Monthly Inflation for April was -0.67%, March was -0.22%, February was 0.27% typically January through May are highly inflationary so this is 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 to near … [Read more...]
September Annual Inflation Down to 2.28%
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on October 11th 2018, for the 12 month period through the end of September. Annual Inflation is Down Annual inflation was down from 2.70% in August and 2.95% in July to 2.28% in September. CPI was 252.439 in September, 252.146 in August, 252.006 in July and 251.989 in June. Monthly Inflation for September was 0.12%, August was 0.06%, July was 0.01%, and June was 0.16% compared to 0.53% in September 2017. Next release November 14th Monthly Inflation: Annual inflation for the 12 months ending in September was 2.28% down from 2.70% in August. "The Consumer Price Index for All … [Read more...]
Annual Inflation Since 1914
The Bureau of Labor Statistics has been tracking the Consumer Price Index (CPI-U) since 1913. Thus they have been able to calculate the Inflation rate since 1914. And over that period we have seen some major periods of both inflation and deflation as you can see from the chart. The early years (the teens) were marked by high inflation. The early 1920's started with deflation and low inflation. The 1930's of course had the Great Depression and was primarily a period of deflation. World War II ushered in times of massive government spending and nationwide austerity as commodities were rationed and most of the production was directed toward the war effort. As the G.I.s returned and wanted to … [Read more...]