Eye On Housing
The real rent index fell by approximately 0.1 percent in September. The September decline, however, was not as sharp as previous months (falling by 0.4% in July and 0.3% in August) (Figure 1). The annual growth rate of the real rent index stands at 0.9 percent. NAHB constructs a “real” rent index to indicate whether inflation in rents is faster… Read More ›
Consumer prices rose at a slower pace in September, while energy prices increased and food prices were unchanged. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.2% in September on a seasonally adjusted basis, slower than a 0.4% increase in August and a 0.6% increase in July. Excluding the volatile food and energy… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
In March, the real rent index increased 0.4 percent over February’s reading, after growing by approximately 0.1 percent per month for the previous 6 months (Figure 1). The annual growth rate of the real rent index grew to 5 percent in March, after 3 months of staying in the 1 percent range. NAHB constructs a “real” rent index to indicate… Read More ›
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 ›
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 ›