Shelter prices, which make up about one-third of the CPI weighting, increased 0.4% on the month and were up 6.5% on a 12-month basis. However, the annual rate has showed a steady decline since peaking in early 2023. Lodging away from home fell 0.9%. "Falling inflation does not mean ...
The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of November 2023 is 3.1%. If 3.1% is the actual year-over-year increase in the CPI, it will mark the second consecutive month that the number has declined. ...
China's consumer price index (CPI), a main gauge of inflation, edged down 0.5 percent year on year in November, National Bureau of Statistics (NBS) data showed Saturday. (Photo by Luo Jinglai/Xinhua) Customers shop at a market in Wuxi City, east China's Jiangsu Province, Dec. 9, 202...
Depending upon the economic conditions, the rate of CPI can fluctuate significantly; however, according to the official data, the average long term inflation in the US stands around 3%. This measure is one of the most critical economicindicators. In fact, like many other Central banks, the Fed...
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Feb 21, 2023 at 7:01 am “You might have to read this sentence a couple of times.” “ Revenge spending.” longstreet Feb 21, 2023 at 7:16 am The “rent of shelter” is a curious number…. a vague calculation when there is better “real” data available. A “survey”? Anyone ev...
Rent inflation vs. home-price inflation:The red line in the chart below represents the CPI for Rent of Primary Residence as index value. The purple line represents Zillow’s “raw” Home Value Index for the US. Zillow has not yet released the...
The labor data published by the BLS on November 1 showed that Nonfarm Payrolls (NFP) increased by 12,000 last month, following a downward revision to the prior two months. The Unemployment Rate held steady at 4.1% in October. Meanwhile, wage inflation, as measured by the change in the Av...
In November 2024, the inflation rate in Turkey corresponded to 47.1 percent. The monthly inflation rate in Turkey reached 85.51 percent in October 2022, the highest inflation rate recorded during the provided time interval. In June 2023, the year-on-year change in the Consumer Price Index (CPI...
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