The Annual Inflation Rate rebounded in September, according to the Bureau of Labor Statistics report. Inflation Summary: Annual inflation was 5.39% in September, 5.25% in August, 5.37% in July, and 5.39% in June. CPI Index rose from 273.567 in August to 274.310 in September. Monthly Inflation for September was 0.27%, August was 0.21%, and July was 0.48%. Next release November 10th Inflation for the 12 months ending in September was Up from August. Since the BLS rounds to 1 decimal place, they reported June and July as 5.4% and August as 5.3%. So September is once again at June levels. The last time inflation was this high was the 5.60% of July 2008. Before that, we … [Read more...]
September Annual Inflation Down to 2.28%
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...]
