Items include
CPI
Economic Indicators
Sep 13, 2023
Bottom Line: Consumer prices rose nearly as expected in August at the headline level, driven by higher gasoline prices. Core prices rose a bit more than expected, with an upside surprise in transportation services (mostly airfares). Owner's Equivalent Rent (OER),...
Aug 10, 2023
Bottom Line: Consumer prices rose nearly as expected in July, with core and headline readings up less than 0.2% for the second consecutive month. The headline CPI edged up to 3.3% year-on-year, primarily due to less favorable base effects. But...
Jul 12, 2023
Bottom Line: Consumer prices rose less than expected in June, with both core and headline readings up less than 0.2% on the month. The headline CPI is now down to just 3% year-on-year, thanks to base effects and a slowing...
Jun 13, 2023
Bottom Line: Consumer prices rose as expected in May with lower gasoline prices. Core CPI rose 0.44% on the month, slightly faster than in April. Core commodity prices were mostly higher, while services excluding rents were sharply lower. Used car...
May 10, 2023
Bottom Line: Consumer prices rose as expected in April with higher gasoline prices but lower utility prices. Core CPI rose 0.41% on the month, just slightly faster than in March. Core commodity prices were mostly higher, while services prices, which...
Apr 12, 2023
Bottom Line: Consumer prices rose only slightly in March, in line with expectations, as energy prices fell. Core CPI was up 0.38%, down just slightly from 0.45% in February. Owner's Equivalent Rent (OER), the largest component of core, was up...
Mar 14, 2023
Bottom Line: Consumer prices rose in February, mostly as expected, as gasoline prices rose further. Core CPI was up 0.45%, stubbornly robust as Owner's Equivalent Rent (OER), the largest component of core, was up 0.7%, consistent with the long historic...
Feb 14, 2023
Bottom Line: Consumer prices rose in January, mostly as expected, as gasoline rose, pushing the headline back to showing gains after December's declines. As expected, core prices rose 0.4%, led by Owner's Equivalent Rent (OER), the largest component of core,...
Jan 12, 2023
Bottom Line: Consumer prices fell at the headline level as energy prices fell in December. As expected, core prices rose 0.3%, led by a surprisingly strong jump of 0.8% in Owner's Equivalent Rent (OER), a key measure of shelter prices...
Dec 13, 2022
Bottom Line: Consumer prices rose less than expected in November, decelerating for the second consecutive month. Core CPI rose just 0.2%, well below the average pace over the last year. Used car prices fell even more than the major private...
Nov 10, 2022
Bottom Line: After several months of sharply higher prices for medical care services, prices in this critical segment of core CPI fell, easing core price pressures even more than expected in October. The core CPI was up 0.3%, two-tenths less...
Oct 13, 2022
Bottom Line: CPI rose even more than expected in September. The core CPI was up 0.6%, two-tenths more than expected, as Owner's Equivalent Rent (OER), a key measure of shelter prices and nearly a third of core CPI, jumped 0.8%....
Sep 13, 2022
Bottom Line: CPI rose slightly in August, countering expectations for a decline due to lower gasoline prices, as core CPI jumped sharply, up 0.6% on the month. Owner's Equivalent Rent (OER), a key measure of shelter prices and nearly a...
Aug 10, 2022
Bottom Line: CPI was flat in July as energy prices tumbled, and even the core reading was lower than expected at just 0.3%, easing the trend rate of core inflation back below 4%. At the core level, used car prices...
Jul 13, 2022
Bottom Line: CPI rose sharply more than expected in June as higher energy prices pushed up prices even more than expected, with year-on-year readings coming in over 9%. Core CPI rose more than expected, up 0.7% on the month, with...
Jun 10, 2022
Bottom Line: Core CPI rose slightly more than expected in May as headline price pressures rose with higher energy prices. Year-on-year comparisons for core and headline readings continue to calibrate off very high readings a year ago, suggesting we should...
May 11, 2022
Bottom Line: Core CPI rose more than expected in April even as headline price pressures eased with slightly lower energy prices. Year-on-year comparisons for core and headline readings now calibrate off very high readings a year ago, suggesting we should...