Both headline inflation and core inflation accelerated in March as the economy reopens from the COVID-19 recession. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in March on a seasonally adjusted basis, after an increase of 0.4% in February. It marks the biggest increase since June 2009. Excluding the volatile food and… Read More ›
Tag Archive for ‘real rent index’
Real Rent Index Unchanged in December
The real rent index was flat in December, after slight growth in October (+0.1%) and November (+0.2%) (Figure 1). The December reading means that rent inflation and the “core” Consumer Price Index (CPI) moved at the same pace, both increasing by about 0.1%. The annual growth rate of the real rent index was 0.2% in December. NAHB constructs a “real”… Read More ›
Real Rent Index Decline Continues in September
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 ›
Real Rent Index Declined in June
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 ›
“Real” Rent Index Growth Accelerates in March as Core CPI Declines
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 ›
Real Rent Index Edges Up in September
In September, NAHB’s Real Rent Index increased 0.2 percent over August’s reading, after essentially no growth between June and August (Figure 1). Over the first nine months of 2019, the average monthly growth rate of the Real Rent Index was 0.13%, slightly higher than the average of 0.11% in 2018. NAHB constructs a “real” rent index to indicate whether inflation… Read More ›
CPI Growth Slows in May
In May, headline inflation rose slower relative to April, while core inflation remained unchanged. On a seasonally adjusted basis, the Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.1% in May, after a 0.3% increase in April. It was the smallest gain since January 2019. Excluding the volatile food and energy components, the “core”… Read More ›
Core Inflation Unchanged in April
In April, core inflation remained unchanged. And, overall inflation decreased as increases in energy prices slowed and the food index fell. On a seasonally adjusted basis, the Consumer Price Index (CPI), released by the Bureau of Labor Statistics (BLS), rose by 0.3% in April, after a 0.4% increase in March. Excluding the volatile food and energy components, the “core” CPI… Read More ›
Energy Prices Rose Sharply in March
The Bureau of Labor Statistics (BLS) released the Consumer Price Index for March. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.4% in March, after a 0.2% increase in February. Excluding the volatile food and energy components, the “core” CPI increased by 0.1% in March, the same increase as in February. The price index for a… Read More ›
Consumer Prices Rose in February
Consumer prices rose modestly in February, reflecting increases in energy prices and the food index. The Bureau of Labor Statistics (BLS) released the Consumer Price Index for February. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.2% in February after being unchanged for three consecutive months, as shown in Figure 1. Excluding the volatile food and… Read More ›