Eye On Housing
Consumer prices reached a new 40-year high in June as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the fourth straight month for inflation above an 8% rate and was the largest year-over-year gain since November 1981. Both energy and shelter index recorded their largest annual gains since April 1980 and February… Read More ›
A sharp decline in energy prices pushed headline inflation negative in March, while core prices (excluding food and energy) fell based on a steep decline in the price of wireless telephone services. The consumer price index (CPI) declined at a 3.4% annual rate. Core prices declined at a 1.5% annual rate. Gasoline prices, declining at a 53.5% annual rate, were… Read More ›
The consumer price index was pushed down in November by falling gas prices. According to the latest release from the Bureau of Labor Statistics (BLS) the consumer price index declined 0.3% on a seasonally adjusted month-over-month basis. Over the past twelve months, prices on expenditures made by urban consumers increased 1.3% before seasonal adjustments. In November, the energy price index… Read More ›
According to the latest Bureau of Labor Statistics (BLS) press release, consumer prices increased in June 0.3% on a seasonally adjusted month-over-month basis. Over the past twelve months, prices on expenditures made by urban consumers increased 2.1% before seasonal adjustments. The month-over-month increase in the all items index was driven by a large 3.3% increase in the gasoline index. The… Read More ›
Over the past 12 months, according to data released by the Bureau of Labor Statistics (BLS), prices on expenditures made by urban consumers increased 1.5% before seasonal adjustments. Consumer prices increased in March by 0.2% on a seasonally adjusted month-over-month basis. Two important components of the residential utility bill (natural gas and electricity) increased in March. The natural gas index, a… Read More ›
According to data released by the Bureau of Labor Statistics (BLS), prices on expenditures made by urban consumers increased 1.1% before seasonal adjustments over the past twelve months. Consumer prices increased in February by 0.1% on a seasonally adjusted month-over-month basis. The Core CPI, which excludes more volatile food and energy prices, rose by 0.1% month-over-month. Over the past twelve… Read More ›
In November, consumer prices were unchanged on a seasonally adjusted month-over-month basis according to data released by the Bureau of Labor Statistics (BLS). A month-over-month drop in the energy index was offset by increases in other components in the all items index. Over the past twelve months, prices on expenditures made by urban consumers increased 1.2% before seasonal adjustments. The… Read More ›
In October, consumer prices decreased 0.1% on a seasonally adjusted month-over-month basis according to data released by the Bureau of Labor Statistics (BLS). Over the past twelve months, prices on expenditures made by urban consumers increased 1.0% before seasonal adjustments. The month-over-month decrease in the all items index was the result of a 1.7% decrease in the energy price index…. Read More ›
In September, consumer prices rose by 0.2% on a seasonally adjusted month-over-month basis according to data released by the Bureau of Labor Statistics (BLS). Over the past twelve months, prices on expenditures made by urban consumers increased 1.2% before seasonal adjustments. Data collection for the estimates occurred prior to the government shutdown; however the release of data was delayed by… Read More ›