126709US Inflation Rate at 6-Month High10/13/2020 12:33:00 PM"Annual inflation rate in the US edged up to 1.4% in September of 2020 from 1.3% in August, in line with expectations and reaching the highest since March. Inflation has been rising consistently since hitting 0.1% in May, the lowest since September of 2015, due to the coronavirus crisis. Still, it remains well below 2.3% in February before the pandemic. Cost for used cars and trucks surged (10.3% vs 4% in August), prices for new vehicles (1% vs 0.7%), and medical care commodities (0.9% vs 0.8%) increased faster and energy cost dropped less (-7.7% vs -9%). On the other hand, inflation for food (3.9% vs 4.1%), shelter (2% vs 2.3%) and medical care commodities (0.9% vs 0.8%) slowed and the deflation deepened for apparel (-6% vs -5.9%) and transportation services (-5.1% vs -4%). On a monthly basis, consumer prices rose 0.2%, below 0.4% in August and also matching forecasts. Prices of used cars and trucks continued to rise sharply and made the largest upward contribution."United StatesInflation RateCPI YOY/united-states/inflation-cpi
123803US Inflation Rate Rises More than Expected9/11/2020 12:32:00 PM"Annual inflation rate in the US increased to 1.3% in August of 2020 from 1% in July, beating market forecasts of 1.2%. It is the highest rate since March. Cost for used cars and trucks rebounded (4% vs -0.9% in July), prices for new vehicles increased faster (0.7% vs 0.5%), and energy cost dropped less (-9% vs -11.2%). At the same time, inflation for food (4.1%) and shelter (2.3%) was steady. In contrast, prices slowed for medical care commodities (0.8% vs 1.1%) and medical care services (5.3% vs 5.9%) and the deflation deepened for apparel (-5.9% vs -6.5%) and transportation services (-4% vs -3.7%). On a monthly basis, consumer prices went up 0.4%, also above forecasts of 0.3%: a sharp rise in the used cars and trucks index was the largest factor, but the indexes for gasoline, shelter, recreation, and household furnishings and operations also contributed. Excluding food and energy, annual core inflation edged up to 1.7% from 1.6%."United StatesInflation RateCPI YOY/united-states/inflation-cpi
120018US Inflation Rate Beats Forecasts in July8/12/2020 12:32:00 PM"The US consumer price inflation rate picked up to 1.0 percent year-on-year in July 2020, recovering further from May's four-and-a-half-year low and beating market expectations of 0.8 percent. Energy prices dropped 11.2 percent (vs -12.6 percent in June), as the declines in gasoline and fuel oil cost eased following the lifting of coronavirus-induced restrictions. At the same time, food prices rose 4.1 percent (vs 4.5 percent in June) boosted by cost for food away from home (3.4 percent vs 3.1 percent). Additional upward pressure came from new vehicles (0.5 percent vs -0.2 percent), medical care commodities (1.1 percent vs 1.3 percent), shelter (2.3 percent vs 2.4 percent) and medical care services (5.9 percent vs 6.0 percent). However, deflation was recorded for used cars and trucks (-0.9 percent vs -2.8 percent), apparel (-6.5 percent vs -7.3 percent) and transportation services (-3.7 percent vs -7.0 percent)."United StatesInflation RateCPI YOY/united-states/inflation-cpi
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