The Atlanta Fed's macroblog provides commentary and analysis on economic topics including monetary policy, macroeconomic developments, inflation, labor economics, and financial issues.
- BLS Handbook of Methods
- Bureau of Economic Analysis
- Bureau of Labor Statistics
- Congressional Budget Office
- Economic Data - FRED® II, St. Louis Fed
- Office of Management and Budget
- Statistics: Releases and Historical Data, Board of Governors
- U.S. Census Bureau Economic Programs
- White House Economic Statistics Briefing Room
November 16, 2005
The CPI Report By The Numbers
Earlier today, the BLS reported that the seasonally adjusted CPI for all urban consumers rose 0.2% (2.4% annualized rate) in October. The CPI less food and energy rose 0.2% (3.0% annualized rate) on a seasonally adjusted basis.
... the median Consumer Price Index rose 0.2% (1.9% annualized rate) in October.
Here's the scoop, in a handy table:
|Percent Change From Previous Month|
|CPI less food & energy||0.1||0.1||0.1||0.1||0.1||0.2|
|Percent Change, Last 12 Months|
|CPI less food & energy||2.2||2.0||2.1||2.1||2.0||2.1|
The distribution of individual price changes looks much like it did last month: A lot of prices changing at a relatively rapid clip, but even more growing at annual rates below 2% (which includes a bunch that are actually falling):
That picture helps to illustrate why we are often so intently focused on information that goes beyond the headline number. But more on that shortly.
Barry Ritholtz, on the other hand, reads Tuesday's PPI report and concludes that "Inflation remains robust."
TrackBack URL for this entry:
Listed below are links to blogs that reference The CPI Report By The Numbers:
» Inflation under control from Econbrowser
Unlike September's troubling inflation statistics, yesterday's release by the Bureau of Labor Statistics of the October consumer price index is more reassuring. [Read More]
Tracked on Nov 17, 2005 6:19:07 PM
- Using Judgment in Forecasting: Does It Matter?
- Does Lower Pay Mean Smaller Raises?
- Outside Looking In: Why Has Labor Force Participation Increased?
- Wages Climb Higher, Faster
- Is There a Gender Wage Growth Gap?
- The Price Isn't Right: On GDPNow's Third Quarter Miss
- Is Wage Growth Accelerating?
- Unemployment Risk and Unions
- Cumulative U.S. Trade Deficits Resulting in Net Profits for the U.S. (and Net Losses for China)
- The Slump in Undocumented Immigration to the United States
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- Business Cycles
- Business Inflation Expectations
- Capital and Investment
- Capital Markets
- Data Releases
- Economic conditions
- Economic Growth and Development
- Exchange Rates and the Dollar
- Fed Funds Futures
- Federal Debt and Deficits
- Federal Reserve and Monetary Policy
- Financial System
- Fiscal Policy
- Health Care
- Inflation Expectations
- Interest Rates
- Labor Markets
- Latin America/South America
- Monetary Policy
- Money Markets
- Real Estate
- Saving, Capital, and Investment
- Small Business
- Social Security
- This, That, and the Other
- Trade Deficit
- Wage Growth