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...]
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