• Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Top Trading Strategy
No Result
View All Result
Home Breaking News

BLS: CPI increased 0.9% in October, Core CPI increased 0.6%

by
November 11, 2021
in Breaking News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

JPMorgan Chase can be sued by Virgin Islands over Jeffrey Epstein sex-trafficking claims

Pro Picks: Watch all of Monday’s big stock calls on CNBC

Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank

by Calculated Risk on 11/10/2021 08:32:00 AM

From the BLS:

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent
in October on a seasonally adjusted basis after rising 0.4 percent in September,
the U.S. Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index increased 6.2 percent before seasonal adjustment.

The monthly all items seasonally adjusted increase was broad-based, with
increases in the indexes for energy, shelter, food, used cars and trucks, and
new vehicles among the larger contributors. The energy index rose 4.8 percent
over the month, as the gasoline index increased 6.1 percent and the other major
energy component indexes also rose. The food index increased 0.9 percent as the
index for food at home rose 1.0 percent.

The index for all items less food and energy rose 0.6 percent in October after
increasing 0.2 percent in September. Most component indexes increased over the
month. Along with shelter, used cars and trucks, and new vehicles, the indexes
for medical care, for household furnishing and operations, and for recreation
all increased in October. The indexes for airline fares and for alcoholic
beverages were among the few to decline over the month.

The all items index rose 6.2 percent for the 12 months ending October, the large
st 12-month increase since the period ending November 1990. The index for all
items less food and energy rose 4.6 percent over the last 12 months, the largest
12-month increase since the period ending August 1991. The energy index rose
30.0 percent over the last 12 months, and the food index increased 5.3 percent.
emphasis added

Both CPI and core CPI were well above expectations. I’ll post a graph later today after the Cleveland Fed releases the median and trimmed-mean CPI.

Next Post

3 'Strong Buy' Stocks Goldman Sachs Predicts Will Soar at Least 60%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Breaking News

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

by
March 20, 2023
0

In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit's LauncherOne rocket on display in Times Square, New...

Read more

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

JPMorgan Chase can be sued by Virgin Islands over Jeffrey Epstein sex-trafficking claims

Pro Picks: Watch all of Monday’s big stock calls on CNBC

Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank

Bitcoin soars to nine-month high as investors weigh bank risks and interest rates: CNBC Crypto World

The $17 billion wipeout of Credit Suisse bondholders has not gone down well in Europe

Load More

All rights reserved by www.toptradingstrategy.net

  • Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.