CPI, Latest Release, June 2024
Inflation measures for June surprised to the upside, with headline CPI up 3.0% and core CPI up 3.3% year-over-year. Headline CPI was down 0.1% over the month, while core rose 0.1%, below analysts’ expectations. CPI last experienced a decrease in May 2020…
Inflation Tracker
NAA Inflation Tracker: June 2024
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CPI, Latest Release, May 2024
Inflation measures for May came in below expectations with headline CPI up 3.3% and core increasing by 3.4%. While the headline number has been more volatile, Core CPI has decelerated steadily for more than a year. Monthly measures show a 0.2% rise for…
NAA Inflation Tracker: May 2024
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CPI, Latest Release, April 2024
After three months of higher-than-expected inflation, April’s reading of both headline and core CPI came in largely as expected. Headline CPI was up 3.4% while core rose 3.6% year-over-year, the lowest rate since April 2021. Both measures increased 0.3%…
NAA Inflation Tracker: April 2024
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CPI, Latest Release, March 2024
For the third consecutive month, CPI figures were higher than expected, with headline CPI rising 3.5% year-over-year and 0.4% month-over-month (compared to consensus forecasts of 3.4% and 0.3%); and Core CPI up 3.8% and 0.4% (with forecasted rates of 3.7…
NAA Inflation Tracker: March 2024
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CPI, Latest Release, February 2024
February CPI numbers once again were hotter than expected. Headline CPI, up 3.2% year-over-year, is certainly showing signs of plateauing, with a tight range of 3.1%-3.3% for the past 5 months. Core CPI, on the other hand, continues to trend downwards…
NAA Inflation Tracker: February 2024
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CPI, Latest Release, January 2024
January CPI measures came in higher than expected. Headline CPI increased 3.1% year-over-year, a deceleration from December’s 3.3%; prices rose 0.3% over the month after two months of 0.2% growth. Core inflation, at 3.9%, has been on a steady downward…
NAA Inflation Tracker: January 2024
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CPI, Latest Release, December 2023
Inflation came in higher than expected, rising 3.3% year-over-year (seasonally adjusted) and 0.3% over the month, compared with consensus forecasts of 3.2% and 0.2%, respectively. Core inflation dropped below 4.0% for the first time since August 2021…
NAA Inflation Tracker: December 2023
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CPI, Latest Release, November 2023
November CPI came in largely as anticipated, increasing 0.1% from last month on a seasonally adjusted basis and up 3.1% year-over-year. The deceleration was once again driven by energy prices, down 5.4%. Core CPI stalled at 4.0%, still well above the…
NAA Inflation Tracker: November 2023
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CPI, Latest Release, October 2023
October CPI inflation figures came in slightly below expectations, remaining flat from last month, and increasing 3.2% year-over-year, seasonally adjusted. Price stability was led by declines in energy prices, including a 5.0% drop in gasoline. Core…
NAA Inflation Tracker: October 2023
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CPI, Latest Release, September 2023
The September inflation release came in slightly higher than expected, rising 3.7% year-over-year and 0.4% over the month, seasonally adjusted. Shelter costs were responsible for more than half the increase. Gas prices were also a major contributor,…