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Excluding shelter, the CPI was up 1.7% for the 12 months ended in July, according to BLS data. Energy prices (notably gasoline), which had served as a drag on the May and June CPI, were flat for July.
In the 12 months through October, the CPI advanced 2.6% after climbing 2.4% in September. The uptick in annual inflation also reflected last year's low reading dropping out of the calculation.
That matched forecasts from economists polled by FactSet that the Consumer Price Index rose 2.6% in October. The CPI rose 2.4% in September, when the Fed ushered in a jumbo rate cut of 0.5 ...
The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
Taking out food and energy indexes, all other indexes increased 0.6% in September, up 6.6% over the past 12 months, the largest 12-month increase in that index since August 1982, the BLS report ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
That was up from the 0.2%-0.26% band after the CPI data. Core inflation gained 0.3% in September. It was forecast to rise 2.8% on a year-on-year basis in October after increasing 2.7% in each of ...
The Consumer Price Index (CPI) for November showed a 7.1% increase in prices over last year and a 0.1% increase over the prior month, the Bureau of Labor Statistics said Tuesday. Economists had ...