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...]
Annual Inflation Up Sharply in May
The U.S. Bureau of Labor Statistics released the Annual Inflation Rate data for the year through the end of May on June 12th 2018. Annual Inflation is Up Annual inflation rate was 2.80% in May up from 2.46% in April, 2.36% in March and 2.21% in February. CPI-U was 251.588 in May, 250.546 in April, 249.554 in March, 248.991 in February, 247.867 in January and 246.524 in December. Monthly Inflation for May was 0.42%, April was 0.40%, up from 0.23% in March 2018. May 2017 was only 0.09% Next release July 12th Monthly Inflation: Annual inflation for the 12 months ending in May was 2.80% up sharply from April's 2.46% the increase was primarily because May 2017's … [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...]
BLS Releases May Inflation Stats
May's monthly prices increase 0.51% but the annual inflation rate was still -0.04%. The Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index (CPI-U) and Inflation report for the year ending in May on June 18th. This resulted in the 5th deflationary month in a row. We have seen a steady decline in inflation rates over the last year. May 2014 started with an annual inflation rate of 2.13%. June saw annual inflation fall to 2.07% then July declined to 1.99%, August was 1.70%, then September and October were both 1.66%, November was 1.32%, and December was 0.76%. When January rolled around it was … [Read more...]
