The U.S. Bureau of Labor Statistics released the Annual Inflation Rate data for the year through the end of November on December 13th 2017. Annual inflation was 2.20% in November up from 2.04% in October CPI-U up slightly from 246.663 to 246.669 Monthly Inflation for November 0.002% Next release January 12th Monthly Inflation is Essentially Zero If the annual inflation rate is negative that is called "deflation" (i.e. prices have gone down since the previous year) but whenever the monthly inflation rate is negative that is called "disinflation" (i.e. prices have gone down since the previous month). That is what happened in October 2017. This month the CPI-U … [Read more...]
Inflation UP, CPI Down for November
The Bureau of Labor Statistics (BLS) released their inflation numbers for the year ending November 30th on December 15, 2015. The Consumer Price Index (CPI-U) for November was 237.336 down from 237.838 at the end of October so overall prices declined -0.21% over the month but Annual Inflation was still up 0.50% (or ½%) for the year. This is the 4th month in a row where prices are lower than the previous month. In the table below we can see that last November the CPI was at 236.151. Then prices fell through January peaked in July and then fell to current levels. Month CPI-U Index Monthly Inflation Annual … [Read more...]
