Consumer Price Index Updates

December 2024: The climb continues
Inflation Continues its Climb: December 2024 CPI Data Released ...
November 2024: Inflation Holds Steady
The latest Consumer Price Index (CPI) report for November 2024 revealed a headline figure of ...
October 2024:CPI Remains Steady
The recent acceleration in CPI suggests that inflationary pressures are intensifying. This could...
September 2024: Inflation Continues
The Consumer Price Index (CPI) for September 2024 came in at 314.686, marking a slight increase...
August 2024: Inflation Continues to Rise
The latest Consumer Price Index (CPI) report released today indicates that inflation continues to rise at a...
CPI Surges in July: A Deep Dive into the Numbers
The Consumer Price Index (CPI) for July 2024 has been released, clocking in at...
June 2024: Inflation Continues to Cool Down: June CPI Report Brings Relief
The June Consumer Price Index (CPI) report has offered more positive news for consumers as inflation continues its downward trend. With prices increasing at a slower pace, there's growing optimism that the Federal Reserve might be nearing the end of its interest rate hikes...
May 2024: May's Numbers Show a Mixed Bag
The May Consumer Price Index (CPI) report brought a mix of good and bad news. While the overall inflation rate continued its downward trend, certain areas still pose concerns. Let's break down the key findings...
April 2024 CPI Breakdown: Inflation Moderates Slightly, But Concerns Remain
The CPI for All Urban Consumers (CPI-U) increased 0.4 percent in February 2024 on a seasonally adjusted basis. In the year leading up until this point, the all-items index increased 3.2 percent before seasonal adjustment. Remember, CPI reflects how much more expensive things are getting over time. The higher the line climbs, the faster prices are rising.

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March 2024: A Mixed Bag for Consumer Confidence

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March 2024: A Mixed Bag for Consumer Confidence  US consumer confidence held mostly steady in March 2024, according to The Conference Board Consumer Confidence Index® US Consumer Confidence Little Changed in March - The Conference Board . While the overall score stayed near February's levels, a closer look reveals some interesting trends. Holding Onto the Present There was some positive news for the current economic climate. Consumers felt a bit more upbeat about current business conditions and the job market compared to the previous month. This suggests that people are feeling secure in their current situations. Worries About the Future However, the picture clouds over when looking towards the short-term. The Expectations Index, which gauges consumer outlook on business conditions, income, and the labor market, dipped in March. This could indicate a growing concern about what's down the road. In fact, readings below 80 on this index can be a warning sign of a potential rec...
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September 2024: Consumer Sentiment

Consumer Sentiment Inches Upward: A Closer Look at the September 70.1 Reading The September Reading: A Positive Sign The recent release of the September Consumer Sentiment Index at 70.1 points to a slight improvement in consumer confidence. This figure represents a 3.2% increase from the previous month and a 3.4% year-over-year gain. Month-over-Month (MoM) and Year-over-Year (YoY) Comparisons Month-over-Month (MoM): The MoM increase of 3.2% suggests that consumers are becoming more optimistic about the near-term economic outlook. This uptick could be attributed to factors such as easing inflation concerns, a robust job market, and stable interest rates. Year-over-Year (YoY): The YoY increase of 3.4% indicates that consumers are feeling more confident about the economy compared to a year ago. This improvement could be linked to factors such as the gradual recovery from the pandemic and the easing of supply chain disruptions. Key Takeaways: Improving Consumer Confidence: The September...
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June 2024: Inflation Continues to Cool Down: June CPI Report Brings Relief

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Inflation Continues to Cool Down: June CPI Report Brings Relief The June Consumer Price Index (CPI) report has offered more positive news for consumers as inflation continues its downward trend. With prices increasing at a slower pace, there's growing optimism that the Federal Reserve might be nearing the end of its interest rate hikes. Key Takeaways from the June CPI Report Inflation Moderates Further: The headline CPI for June came in at 313.049, indicating a continued slowdown in price increases compared to previous months. Core Inflation Eases: Core inflation, which excludes volatile food and energy prices, also showed signs of cooling. This suggests that price pressures are broadening easing across the economy. Gasoline Prices Decline: Falling gas prices have provided significant relief for consumers, contributing to the overall decrease in inflation. Food Prices Stabilize: While food prices remain elevated, the rate of...
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