117416US Inflation Rate Highest in 3 Months7/14/2020 12:33:00 PM"Annual inflation rate in the US increased to 0.6% in June of 2020 from May's four-and-a-half-year low of 0.1% and matching market forecasts. It is the highest reading in three months as businesses reopened after the coronavirus lockdown. Food inflation accelerated to 4.5% (vs 4% in May), the strongest since December of 2011, with food at home prices jumping 5.6% (vs 4.8%. Prices also increased faster for medical care services (6% vs 5.9%). Moreover, smaller decreases were seen in gasoline cost (-23.4% vs -33.8%), apparel (-7.3% vs -7.9%) and transportation services (-7% vs -8.7%). In contrast, shelter cost rose slightly less (2.4% vs 2.5%). On a monthly basis, prices went up 0.6 percent, the most since August of 2012, with a 12.3 percent surge in gasoline prices accounting for over half of the monthly increase. Annual core inflation which excludes food and energy was unchanged at 1.2% and the monthly rate increased to 0.2%."United StatesInflation RateCPI YOY/united-states/inflation-cpi
114544US Inflation Rate Lowest since 20156/10/2020 12:35:00 PM"The annual inflation rate in the US eased to 0.1% in May of 2020 from 0.3% in April and below forecasts of 0.2%. It is the lowest inflation rate since September of 2015, mainly due to a 33.8% plunge in gasoline cost. Also, prices of apparel went down 7.9% and transportation services declined 8.7% as many stores remained closed and Americans were forced to stay at home due to coronavirus lockdown restrictions. On the other hand, food inflation accelerated to 4%, the highest since January of 2012, with food at home prices jumping 4.8%. On a monthly basis, consumer prices were down 0.1% after falling 0.8% in April and compared to forecasts of a flat reading. Declines in the indexes for motor vehicle insurance, energy, and apparel more than offset increases in food and shelter indexes. Annual core inflation slowed to 1.2% while the monthly index was down 0.1%."United StatesInflation RateCPI YOY/united-states/inflation-cpi
112023"US Inflation Rate Falls to 0.3%, Lowest since 2015"5/12/2020 12:34:00 PM"Annual inflation rate in the US eased to 0.3% in April of 2020 from 1.5% in March and below market expectations of 0.4%. It is the lowest inflation rate since October of 2015, mainly due to a 32% plunge in gasoline prices. In April, oil prices turned negative for the first time in history amid storage and oversupply concerns. Also, coronavirus lockdown restrictions led to a 5.7% drop in cost of apparel and a 5.5% fall in cost of transportation services. On the other hand, cost of food increased 3.5%, the highest rate since February of 2012. On a monthly basis, consumer prices declined 0.8%, the largest drop since December of 2008, mainly due to a 20.6% fall in gasoline prices although the indexes for apparel, motor vehicle insurance, airline fares, and lodging away from home all fell sharply as well. Excluding food and energy, core inflation eased to 1.4%, the lowest rate since April of 2011."United StatesInflation RateCPI YOY/united-states/inflation-cpi
108294US Inflation Rate Falls More than Expected4/10/2020 12:33:00 PM"Annual inflation rate in the US fell to 1.5% in March of 2020 from 2.3% in February and slightly lower than market expectations of 1.6%. It is the lowest inflation rate since February of 2019, mainly due to a 10.2% slump in gasoline costs (5.2% in February) and a 1.6% drop in apparel prices (vs -0.9%). Prices of shelter also slowed (3% vs 3.3%) while food inflation edged up (1.9% vs 1.8%). On a monthly basis, consumer prices fell 0.4%, after a 0.1% gain in February and worse than expectations of a 0.3% decline. It is the largest monthly drop since January of 2015, mainly due to a 10.5% slump in gasoline prices while decreases in airline fares, lodging away from home, and apparel also contributing. In contrast, increases were seen in prices of food, medical care, used cars and trucks, motor vehicle insurance, and education. Core consumer prices rose 2.1% year-on-year but fell 0.1% month-over-month, its first monthly decline since January of 2010."United StatesInflation RateCPI YOY/united-states/inflation-cpi
104536US Inflation Rate Above Forecasts at 2.3%3/11/2020 12:33:00 PM"Annual inflation rate in the US eased to 2.3% in February of 2020 from 2.5% in January which was the highest rate since October of 2018. Figures came slightly higher than market expectations of 2.2%. Gasoline prices rose 5.2%, well below a 12.8% jump in January while inflation was steady for both shelter (3.3%) and food (1.8%). On a monthly basis, consumer prices edged up 0.1%, the same as in January and compared to forecasts of a flat reading. Main upward pressure came from cost of shelter (0.3%) and food (0.4%), with the food at home index rising 0.5%, its largest monthly increase since May of 2014. Those rises more than offset a 2% drop in energy cost, namely gasoline (-3.4%) and fuel oil (-8.5%). Other increases were also seen for prices of apparel, personal care, used cars and trucks, education, and medical care while cost of recreation and airline fares declined over the month. Excluding food and energy, prices rose 2.4% over the year and 0.2% on a monthly basis."United StatesInflation RateCPI YOY/united-states/inflation-cpi