Core inflation strips out food and energy prices, because they can be pretty volatile.
With the pandemic, there are now 43 million people signed up for food assistance through SNAP.
Slowing inflation isn't as dangerous as prices dropping for a long period of time. But it's important to keep disinflation in check.
Prices of many goods are dropping as demand slows and people stay at home more. But does this mean deflation is here to stay?
How prices of many basic goods and services change usually tells us a lot about where the economy is headed.
Some countries stockpile grain and petroleum. China has both, plus a national pork reserve.
Month-to-month price fluctuations make it difficult for the Bureau of Labor Statistics to measure inflation accurately.
New inflation numbers out today showed … very little of it. The consumer price index ticked up 0.2 percent in February. It was the first rise in four months. And year over year, the measure of how expensive it is to buy a fixed basket of goods is up just 1.5 percent. And that’s weird, […]
The Consumer Price Index, if you take out food and energy, showed prices rising slightly. It climbed 0.2 percent, so year-over-year prices have climbed 2.2 percent. One of the reasons for the price hikes in November was rent. And you might not be happy to hear it, but it could well be another sign of […]