Tag: inflation
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March 2023 inflation rises .1% and 5% year ago.
Inflation rate of change has declined. It rose just .1% for March. In February it was .4% and January was .5%. It is trending in a good way. Shelter is biggest inflation contributor and rising .6%. Energy declined by 3.5% for the month. Food fell slightly by .3%. Without food and energy, inflation rose .4%.…
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February 2023 CPI rose .4% to 6.0%
Source: https://www.bls.gov/news.release/cpi.nr0.htm Consumer Price Index (CPI) Inflation is 6% compared to 12 months ago. A chart from U.S. Bureau of Labor Statistics shows 2022 had elevated inflation as compared to the last 20 years. Good news is inflation is trending lower. https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm January CPI 6.4%. December 2022 6.5% November 2022 7.1% October 2022 7.7% September…
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Stocks reacted positively to new October 2022 consumer price index (CPI) up 7.7%
The Labor Department on Thursday 11/10/2022 released the consumer-price index (CPI) for October and it’s up 7.7% from a year ago. This compares to 8.2% for September and signals inflation may have peaked and is now trending down. CPI includes goods and services consumer consume. The core CPI excludes energy and food which are volatile…