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...]
August Inflation Down
On September 13th 2018, the U.S. Bureau of Labor Statistics released their monthly Consumer Price Index report on the status of Inflation for the 12 months through the end of August. Annual Inflation is Down Annual inflation in August was 2.70% down from 2.95% in July and 2.87% in June. (BLS rounds both to 2.9%) CPI was 252.146 in August, 252.006 in July and 251.989 in June. Monthly Inflation for August was 0.06%, July was 0.01%, and June was 0.16% compared to 0.30% in August 2017. Next release October 11th Monthly Inflation: Annual inflation for the 12 months ending in August was 2.70%. 2.95% up from 2.87% in June. The U.S. Bureau of Labor Statistics (BLS) rounds … [Read more...]
January’s Monthly Inflation 0.54%
The U.S. Bureau of Labor Statistics released the Annual Inflation Rate data for the year through the end of January on February 14th 2018. Annual inflation was 2.07% in January down from 2.11% in December CPI-U up from 246.524 to 247.867 Monthly Inflation for January 0.54% compared to 0.57% in January 2017 Next release March 13th Monthly Inflation is High, But... Typically the monthly inflation rate is highest during the first quarter (January through March) and lowest during the last quarter (October through December). January 2017 had inflation of 0.57% and so January 2018's 0.54% is right in line with that (resulting in annual inflation of 2.07%). However if … [Read more...]