The Bureau of Labor Statistics reported that Annual Inflation for October 2022, fell from 8.20% to 7.75% Monthly inflation at 0.41% was still very high for a month in the fourth quarter, which is traditionally negative or at least very close to zero. But although high, October 2022 monthly inflation was still lower than in October 2021. So… Annual inflation for the 12 months ending in October 2022 fell to 7.75%. This was down from 8.20% in September 2022. Inflation Summary: Annual Inflation fell from 8.20% to 7.75% CPI Index rose from 296.808 to 298.012 Monthly Inflation for October was 0.41% Next release is December 13th October Annual Inflation was 7.75%. Jan. … [Read more...]
Annual Inflation in October is 1.18%
Inflation Summary: Annual Inflation fell from 1.37% in September to 1.18% in October. CPI Index rose slightly from 260.280 in September to 260.388 in October. Monthly Inflation for September was 0.14% and only 0.04% in October. FED Funds Rates decrease slightly while FED Assets inch up. Next release December 10th Annual Inflation Chart: Looking at the Annual Inflation Chart since 1989 we can see a marked downward trend. Current Inflation Situation Looking at just the most recent 10 years the trend is … [Read more...]
October Inflation has Slight Increase
The U.S. Bureau of Labor Statistics (BLS) released its October Inflation report on November 13th, 2019, for the 12 months through the end of October 2019. Annual Inflation is Up Very Slightly Annual inflation in October was 1.76% up from September's 1.71% and still virtually unchanged from August's 1.75%. Inflation has been in a narrow range throughout 2019. 1.79% in May, 1.81% in July, 1.65% in June, with a high of 2.00% in April. Inflation peaked at 2.95% in July 2018. The CPI-U index in October was 257.346 Monthly Inflation for October was 0.23%, September was 0.08%, August was -0.01%, July was 0.17%, June was virtually zero at 0.02%, May was 0.21%, April was … [Read more...]
October Inflation Up Slightly
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on November 14th 2018, for the 12 month period through the end of October. Annual Inflation is Up Annual inflation was 2.52% in October up from 2.28% in September. CPI was 252.885 in October up from 252.439 in September, and 252.146 in August. Monthly Inflation for October was 0.18%, 0.12% in September, compared to -0.06% in October 2017. Next release December 12th Monthly Inflation: According the the BLS Commissioner's report: "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in October on a seasonally adjusted basis after rising 0.1 percent in … [Read more...]
October… 0.17% Annual Inflation but -0.05% Monthly Deflation
The Bureau of Labor Statistics (BLS) released their inflation numbers for the year ending October 31st on November 17, 2015. Although Annual inflation was positive at 0.17% monthly inflation was negative (disinflationary) for the third month in a row. This is the result of the CPI index falling consistently from a high in July 2015 of 238.654. In August it was 238.316 resulting in a monthly inflation for August of -0.14%. September 2015 was 237.945 for a monthly inflation rate of -0.16 and then October 2015 was 237.832 resulting in monthly -0.04%. However, Annual Inflation was still positive in two of the three months, i.e. August through October were 0.20%, -0.04% and 0.17% respectively. … [Read more...]
