The April 2024 Consumer Price Index of All Urban Consumers (CPI-U) report indicates that inflation rose by 0.3% for the month, a notch belowMarch’sincrease (+0.4%). These data were released at 8:30 am EST on W
Core inflation (which excludes the impacts of food and energy),rose by 0.4% in January, a jump from December’s 0.2% print.And despite the decline in real-time rents, shelter rose by 0.4% MoM and accounted for “nearly 30 percent of the monthly all items increase.” F...
However, it doesn’t include mortgage payments –instead, the ONS measures how much it would cost homeowners to rent their homes. This is called ‘rental equivalence’. The CPIH rose by 3.9% in the 12 months to January 2025, which is an increase from 3.5% in December. The difference ...
CPI Increase = Current Year CPI Base Year CPICPI Increase = 18,900 / 16,000 = 1.1813 = 118.13%To calculate the new CPI number, the CPI base of 100 is multiplied by the CPI increase:New CPI Number = 100 × 1.1813 = 118.13The inflation rate can be calculated thus:...
So then, why not target 0 or 1% CPI? The official explanation by Central Bank officials is that this can increase the chances of deflation in the economy. The problem being that it is difficult to enforce the negative interest rate policy. So what do they mean by this?
Shelter or housing costs rose 0.5% for a second straight month, and they advanced 5% from a year earlier for their biggest 12-month increase since May 1991. Components of shelter include pricing items like rent for apartments, rental equivalence, lodging away from home such as hotels ...
In the headline monthly figure,U.S. consumer prices increased 0.5% in January, after a revised December increase of 0.1% from a decline of 0.1%, the Labor Department said inits monthly report on the Consumer Price Index (CPI). The CPI is a broad measure of what Americans pay for every...
CPIs are useful for real estate investors, particularly those who own and run rental properties. Higher CPIs may mean that rent needs to increase to keep apace with inflation; a stagnant rental rate will allow the landlord to buy less of the “market basket”[8] as the CPI increases year ...
“The gasoline index rose 58.1% over the last year, its largest 12-month increase since the period ending April 1980. The index for natural gas rose 25.1% over the last 12 months, and the electricity index rose 6.5%,” explained the Bureau of Labor Statistics. ...