Eye On Housing
According to the latest Producer Price Index report, the price level of inputs to residential construction less energy (i.e., building materials) was unchanged in June 2023 (not seasonally adjusted). March 2023 was the last month prices increased. The index has gained 0.5%, year-to-date, and has not increased 1% or greater in any month since March 2022. The Producer Price Index… Read More ›
Headline inflation accelerated over the month of July, while core inflation remained unchanged. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% on a seasonally adjusted basis in July, faster than the 0.1% increase in June and May. Excluding the volatile food and energy components, the “core” CPI increased by 0.3% in July,… Read More ›
In June, core inflation increased relative to May, while headline inflation remained unchanged. The Bureau of Labor Statistics (BLS) released the Consumer Price Index for June. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.1% in June, the same increase as in May. Excluding the volatile food and energy components, the “core” CPI increased by 0.3%… Read More ›
The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose in October. Both headline inflation and core inflation increased. The CPI rose at a seasonally adjusted annual rate of 4.4%, faster than the two previous increases (2.5% in August and 3.6% in September). Excluding the volatile food and energy components, “core” CPI rose at a seasonally… Read More ›
Core inflation dropped while headline inflation increased in the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) for September. The CPI rose at a seasonally adjusted annual rate of 3.6%, following a 2.5% increase in August. Excluding the volatile food and energy components, “core” CPI rose at a seasonally adjusted annual rate of 1.4%, slower than the 3.2% increase… Read More ›
The Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose in August. Headline inflation increased from negative to positive due to the strong gain in the core CPI. The Consumer Price Index (CPI) rose at a seasonally adjusted annual rate of 2.4% in August, after a 0.5% decrease in July. Excluding the volatile food and energy components,… Read More ›
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for July. Headline inflation dropped below zero due to the deceleration in the core CPI and the decline in energy prices. The Consumer Price Index (CPI) dropped at a seasonally adjusted annual rate of 0.5% in July, after a 2.6% increase in June. Excluding the volatile food and… Read More ›
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for June. In June, overall inflation was the same as in May, while core inflation declined. The Consumer Price Index (CPI) rose at a seasonally adjusted annual rate of 2.6% in June, equal to the annual rate in May. Excluding the volatile food and energy components, “core” CPI… Read More ›
Once again energy prices, notably gasoline (prices at the pump), are driving headline inflation. The Consumer Price Index (CPI) rose at a seasonally adjusted annual rate of 5.0% in April influenced heavily by a 153.5% annualized increase in the price of gasoline. Increases in separate indexes for food and core CPI (excluding food and energy) were in line with recent… Read More ›
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) for March. Core inflation rose modestly in March. The Consumer Price Index rose at a seasonally adjusted annual rate of 1.1% in March, after a 2.0% decline in February. Excluding the volatile food and energy components, the “core” CPI rose at a seasonally adjusted annual rate of 0.8%… Read More ›