Eye On Housing
In December, consumer prices increased due to a jump in energy prices. However, inflationary pressures remained weak as the economy is struggling amid the COVID-19 pandemic. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in December on a seasonally adjusted basis, faster than a 0.2% increase in November. Excluding the volatile food… Read More ›
Both headline inflation and core inflation increased to 0.2% in November after three straight months of deceleration. In November, the monthly increase in the CPI was broad-based, though inflationary pressures remained weak. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.2% in November on a seasonally adjusted basis, after no change in October…. Read More ›
Headline inflation and core inflation have decelerated for the past three months, after increases of 0.6% in June and July. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) was unchanged on a seasonally adjusted basis, after 0.6%, 0.4% and 0.2% increases in the past three months. Excluding the volatile food and energy components, “core” CPI… 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 ›
In June, the real rent index fell by approximately 0.1 percent. This is the first decline in the index since 2013 (Figure 1). The annual growth rate of the index fell to negative 1.4 percent, after posting three months of positive growth, at rates between 4 and 8 percent. NAHB constructs a “real” rent index to indicate whether inflation in… 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 ›