Inflation Tracker

November 2022 Inflation Tracker

November, 2022 | Updated November, 2022

CPI, Latest Release, October 2022 Inflation came in lower than expected, rising 7.8% year-over-year, seasonally adjusted. This was the lowest rate of increase since January. On a monthly basis, prices rose 0.4%, matching September’s level. Consumers saw some relief on the food front, with prices…

NAA Inflation Tracker: October 2022

October, 2022 | Updated October, 2022

CPI, Latest Release, September 2022    Once again, the latest inflation figures were greater than consensus forecasts, with headline CPI increasing 8.2% year-over-year on a seasonally adjusted basis. Core CPI, which excludes volatile food & energy prices and signals underlying, longer-term…

NAA Inflation Tracker: September 2022

September, 2022 | Updated September, 2022

CPI, Latest Release, August 2022   Inflation ran higher than the consensus forecast, which called for a slight monthly decline in headline CPI and a 0.3% increase in core CPI. Instead, headline CPI rose 0.1%, despite the continued decline of gas prices; core CPI rose 0.6%, double last month’s…

NAA Inflation Tracker: August 2022

August, 2022 | Updated August, 2022

CPI, Latest Release, July 2022    Inflation surprised in a pleasant way, rising 8.5% year-over-year, below consensus forecasts. Prices were flat on a monthly basis, the best reading since May 2020 when they were actually dropping. The breather in price hikes was due to energy prices, which fell 4.…

NAA Inflation Tracker: July 2022

July, 2022 | Updated July, 2022

CPI, Latest Release, June 2022 Once again, the headline inflation number beat analysts’ expectations, rising 9.1% year-over-year (unadjusted) and 1.3% over the month. Energy prices, up 7.5% since last month, were responsible for nearly half of the increase. Core inflation (excluding food and…

NAA Inflation Tracker: June 2022

June, 2022 | Updated July, 2022

CPI, Latest Release, May 2022    By all measures – headline, core, monthly and annually – the May Consumer Price Index (CPI) came in hotter than expected. Headline CPI increased 8.5% (seasonally adjusted) year-over-year and 1.0% since last month. Not surprising, the energy index was up 34.6% year-…

NAA Inflation Tracker: May 2022

May, 2022 | Updated July, 2022

CPI, Latest Release, April 2022 After 7 months of smashing records, the headline Consumer Price Index (CPI) retreated slightly to 8.2% year-over-year (8.3% unadjusted). This was somewhat hotter than analysts’ expectations of 8.1%. Although it’s only one month of data, it is a good sign that…

NAA Inflation Tracker: April 2022

April, 2022 | Updated July, 2022

CPI, Latest Release, March 2022 Once again, the Consumer Price Index (CPI) and core CPI (excluding food and energy) reached 40-year highs, increasing 8.5% and 6.5%, respectively, prior to seasonal adjustment. The headline number came in just a hair above analysts’ expectations of 8.4%. On a monthly…

NAA Inflation Tracker: March 2022

March, 2022 | Updated July, 2022

CPI, Latest Release, February 2022    The Consumer Price Index (CPI) increased 7.9% year-over-year while core CPI (excluding food and energy) increased 6.4%, both new 40-year highs. On a monthly basis, food prices increased 1.0%, the highest gain since the onset of the pandemic in April 2020. After…

NAA Inflation Tracker: February 2022

February, 2022 | Updated July, 2022

CPI, Latest Release, January 2022    The Consumer Price Index (CPI) increased 7.5% year-over-year while core CPI increased 6.0%. Once again, we must go back to 1982 to find similar figures. Energy prices increased 27% while food prices were up 7.5%. Looking at monthly changes by category can reveal…