Tag Archive for ‘energy prices’

Consumer Prices Increase in August

Both the CPI and “core” CPI continued to increase in August, as food and energy prices increased slightly. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in August on a seasonally adjusted basis, slower than a 0.6% increase in July. Excluding the volatile food and energy components, “core” CPI rose by 0.4%… Read More ›

Gain for the “Core” CPI in July

In July, overall inflation remained unchanged from the previous month, while core inflation accelerated. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in July on a seasonally adjusted basis, the same increase as in June. Excluding the volatile food and energy components, “core” CPI rose by 0.6% in July, after an increase… Read More ›

Consumer Prices Rebound in June

After three straight months of declines, both the CPI and the “core” CPI rebounded in June as the economy reopened. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in June on a seasonally adjusted basis, after three straight monthly declines. It was the largest monthly increase in the CPI since August 2012…. Read More ›

Consumer Prices Drop for a Third Month

In May, the CPI and the “core” CPI fell for the third straight month amid the current recession caused by the COVID-19 pandemic. The data are a reminder that deflation is a greater risk during an economic downturn. However, as the economy rebounds, those deflationary pressures will ease. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index… Read More ›

Deflationary Pressure: Largest Monthly Drop in the “Core” CPI in April

The CPI declined for the second straight month and the “core” CPI posted the largest monthly drop in the history of data series. Like many other economic indicators, the recent declines in the CPI and the “core” CPI reflected economic weakness associated with the COVID-19 pandemic. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), declined… Read More ›

Consumer Prices Drop Sharply in March

In March, the “core” CPI dropped for the first time in more than ten years, impacted by the COVID-19 pandemic. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), declined by 0.4% in March on a seasonally adjusted basis, following an increase of 0.1% in February. It is the largest monthly decline in the CPI since… Read More ›

Energy Prices Fall in February

In February, headline inflation and core inflation remained unchanged from the previous month. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in February on a seasonally adjusted basis, the same increase as in January. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in February, the same increase… Read More ›

Decline in Energy Prices in January

In January, core inflation increased, while headline inflation slipped as energy prices declined. The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in January on a seasonally adjusted basis, following a 0.2% increase in December. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in January, after rising 0.1%… Read More ›

A Modest Increase in Core Inflation in December

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.2% in December on a seasonally adjusted basis, following a 0.3% increase in November. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in December, after rising 0.2% in November. The food and energy indexes increased faster in December than last… Read More ›

Consumer Prices Rise in November

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in November on a seasonally adjusted basis, following a 0.4% increase in October. Excluding the volatile food and energy components, the “core” CPI increased by 0.2% in November, the same increase as in October. In November, increases in the food and energy indexes contributed… Read More ›