Tag Archive for ‘energy prices’

Sharp Increases in Energy Prices in February

Consumer prices increased by 0.4% in February as energy prices rose sharply, while “core” consumer prices increased moderately given relatively weak demand. Inflationary pressures remained subdued amid the weak economic situation, although inflation expectations are rising. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in February on a seasonally adjusted basis, marking… Read More ›

Energy Prices Push Consumer Prices Higher in January

Consumer prices increased in January as energy prices increased. However, “core” consumer prices were unchanged, indicating that inflationary pressures remained muted as the economy continues to recover amid the COVID-19 pandemic. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in January on a seasonally adjusted basis, faster than a 0.2% increase in… Read More ›

Led by Lumber, Building Materials Prices Climb 5.4% in 2020

Prices paid for goods used in residential construction ex-energy rose 0.7% in December (not seasonally adjusted) and ended the year 5.4% higher than they stood in December 2019, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e., inputs to residential construction less food and energy) prices declined just twice over the… Read More ›

Consumer Prices Increase in December

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 ›

Consumer Prices Increase in November

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 ›

Consumer Prices Unchanged in October

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 Increase Slowly in September

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 ›

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 ›