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...]
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...]
CPI Reaches All-Time High
BLS Releases April Inflation Data The U.S. Bureau of Labor Statistics (BLS) released the inflation data for the year ending in April on May 17th, 2016. The Annual Inflation Rate was 1.13% up from 0.85% last month. The Consumer Price Index (CPI-U) reached an all-time high of 239.261. Normally, this wouldn't be news since for years it made a new high almost every month. But after peaking at 238.316 last August (2015) the index fell to 236.525 by December and took 8 months (until April) to climb above August's level. Interestingly, in September 2014 the index was 238.031. So it has taken 19 months for overall prices to exceed the level first attained in September 2014. This doesn't … [Read more...]
