The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on December 12th 2018, for the 12 month period through the end of November. Annual Inflation is Down Annual inflation in November was 2.18% down from October's 2.52% and below September's 2.28% and the 2.70% in August. CPI was 252.038 in November below October, September and the 252.146 in August. Monthly Inflation for November was -0.33 October was 0.18% in September it was 0.12%, compared to virtually zero in November 2017. Next release January 11th Monthly Inflation: According the the BLS Commissioner's report: "In November, the Consumer Price Index for All Urban Consumers was … [Read more...]
November Inflation Up Slightly
The U.S. Bureau of Labor Statistics (BLS) released the monthly and annual inflation rate data for November 2016 on December 15th. The next data release is scheduled for January 15th. The current annual inflation rate is 1.69% up from 1.64% in October. Monthly inflation was actually negative for November but "less negative" than in 2015 causing the Annual Inflation rate to rise. Inflation for the month of November 2016 was -0.16%, while November 2015 was -0.21%. The CPI index was 241.353 in November 2016 down from 241.729 in October. Current Annual Inflation Chart Annual inflation for the 12 months ending in November 2016 was 1.69% up from a cyclical low of 0.84% in July. August was … [Read more...]