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A collection of 3 posts

US May CPI comes 0.1% below the expected 4.1%

Per Reuters The consumer price index for the United States in May has resulted in 0.1% below the initially expected 4.1%. This was reportedly a two-year low annual increase. New York's Nationwide chief economist Kathy Bostjancic gave a statement regarding the situation. It was mentioned how

CPI drops to 4.9% YoY in April, just 0.1% off of expectations

Per CNBC The consumer price index (CPI) has reached its lowest annual pace since April 2021, dropping to 4.9% year-over-year in April. This resulted in it being just 0.1% off compared to initial expectations. A recent Labor Department report shared how the CPI increase was in line with

CPI rose to 6% year-over-year in Feb after 0.5% in Jan

Per Reuters In January, the Customer Price Index increased to 5.6%, but after a 0.4% increase, it now sits at a whopping 6%. These did not include food and energy prices in the computation. Spartan Capital Securities LLC chief market economist Peter Cardillo gave a statement regarding how