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Stories Tagged as

Consumer Price Index

Shelter costs rose in December while the Consumer Price Index declined. Why?

by Amy Scott
Jan 12, 2023
Today’s inflation report showed that both the rent and owner-equivalent rent indexes rose 0.8% in December.
Rents fell .8% nationally in December, according to data from Apartment List. Yet rents in the CPI rose by .8% last month,
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Baked goods and cereals cost 16% more in December. What gives?

by Sabri Ben-Achour
Jan 12, 2023
Per the consumer price index, bread and cookies cost more dough because their ingredients do too. Yes, the government tracks cookies.
Michael M. Santiago/Getty Images
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Are the latest consumer price index numbers a good sign for the economy?

by Justin Ho
Jan 12, 2023
Prices were up 6.5% over the past year, well above the Fed's targets but the smallest increase since October 2021. It's a sign that inflation is easing.
Shoppers are likely noticing the moderation in food price increases, said Morning Consult's Kayla Bruun.
Frederic J. Brown/AFP via Getty Images
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Inflation cooled in October, but it's just one month

by Sabri Ben-Achour
Nov 10, 2022
There's still a long way to go in easing prices, but some economists think inflation has peaked.
The October CPI shows food prices are still rising, but more slowly than they have in months.
Frederic J. Brown?AFP via Getty Images
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Inflation is a subjective number

by Kristin Schwab
Oct 13, 2022
How much pain you feel paying your bills depends on what those bills are, and who you are.
For some consumers, increased spending at the grocery store is driving their inflation anxiety.
Scott Olson/Getty Images
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For producers, inflation is easing just a bit, Labor Department reports

by Justin Ho
Sep 14, 2022
Producer prices reflect costs throughout the production process. Prices for raw materials are starting to ease.
Price increases have begun to slow in earlier parts of the production process.
Scott Olson/Getty Images
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The price of gasoline is down, but just about everything else is still getting more expensive

by Justin Ho
Sep 13, 2022
Fresh consumer price index data pretty much guarantees a big interest rate hike when the Federal Reserve meets next week.
The cost of gasoline fell by more than 10.5% in August, according to the Department of Labor's consumer price index. But just about everything else was more expensive.
Scott Olson/Getty Images
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Some kinds of inflation are "stickier" than others

by Mitchell Hartman
Aug 15, 2022
"Flexible" prices, like those for gas and produce, may not track inflation trends as well their "sticky" counterparts, like shelter and dining out.
Processed food is a "sticky" price item. The nonfood expenses, like packaging, advertising, shipping and labor, are likely to stay expensive for a while, says Jim Hertel at Inmar Intelligence.
Andrew Caballero-Reynolds/AFP via Getty Images
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Gas prices keep falling, but Americans still feel inflation's bite

by Lily Jamali
Aug 10, 2022
Lower prices at the pump are offering some relief from other areas of inflation, like rent and food. But gas prices are a volatile indicator.
Because gas prices are so volatile, they can be misleading when you’re tracking inflation, says Severin Borenstein of UC Berkeley’s Haas School of Business.
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Waiting for another inflation report, with concern

by Matt Levin
Aug 9, 2022
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.
While rising prices for services, like styling hair, worry economists, prices for some goods may be dipping.
Rodin Eckenroth/Getty Images
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