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. Last month...
The October 2024 Consumer Price Index of All Urban Consumers (CPI-U) report indicates that inflation increased by 0.2% for the month, matching July, August, and September’s 0.2% rise. These data were released at 8:30 am EST on Wednesday, November 13, 2024, by the Bureau of Labor Stati...
adjusted for inflation rose 0.2% from May to June and increased 1.2% on a year-over-year basis. During the inflation surge that peaked last June, worker wages had run consistently behind the cost-of-living increases.
During the first year of its existence, the index showed that the average price of Big Mac in the largest US cities was $1.60. The latest 2020 report put the cost of the same item at $5.67. This shows the average annual inflation of 3.79%, again slightly higher than official CPI data...
Click here to subscribe for the latest market report (13 November 2023) Click here to see the archives of all our past market reports Market Recap & Upcoming Week Last week’s economic discussions centered around the resilience of the U.S. economy, which displayed a robust growth trajectory ...
Meanwhile, Q4 GDP is projected to accelerate to 5.0% year-on-year (Q3: 4.6%), driven by stimulus policies and front-loaded exports due to Trump’s tariff measures, with full-year 2024 GDP expected to grow by 4.8% (2023: 5.2%). Read more at Datatrack...
including rent. Since theCost of Shelter CPIuses existing paid rents, among other data points, as part of its calculation, there is a lagging nature to the CPI’s shelter cost component. Zumper’s data, however, serves as a leading indicator of shelter cost as we measure true market rents...
One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant ...
Economic data last week showed signs of strength. While typically a positive signal for markets, stronger than expected readings around U.S. employment figures pushed longer-dated U.S. Treasury yields higher and likely prompted the Fed to remain on hold through the first half...