The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.5 percent before seasonal adjustment. Increases in the indexes for shelter and medical care contributed to the increase in the seasonally adjusted all items index; they also accounted for most of the 0.1 percent increase in the index for all items less food and energy. Within all items less food and energy, the indexes for personal care, tobacco, and apparel rose as well, while the indexes for airline fares, household furnishings and operations, and used cars and trucks declined. The food index rose slightly in August, with the fruits and vegetable index rising 1.2 percent and four of the six major grocery store group indexes increasing. The energy index declined 0.3 percent, due mostly to a sharp decline in the index for natural gas. The gasoline and electricity indexes also declined slightly, while the index for fuel oil rose. The all items index increased 1.5 percent over the last 12 months. The index for all items less food and energy has risen 1.8 percent over the last year; the 12-month change has remained in the range of 1.6 percent to 2.3 percent since June of 2011. The food index rose 1.4 percent over the last 12 months, a figure that has held steady since May. The energy index declined 0.1 percent over the last 12 months.
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Tuesday 17 September 2013
US CPI Increased 0.1% in August
Popular Posts
-
Across the Gulf region, most conventional lenders and Islamic banks cleaned up their balance sheets from the debris of the financial crisi...
-
What to look out for in 2014 Over the past few months it’s become clear that Tencent and Alibaba are butting heads over who will get a...
-
Japan's health ministry is looking into a problem with a multi-million-dollar, state-backed research project on Alzheimer's diseas...
-
The WSJ reports,"LaSalle Investment Management has raised $1 billion this year to invest in real-estate assets in Asia, in th...
-
Brazil's current account deficit narrowed in September from the previous month as the foreign trade surplus firmed, but the improvemen...
-
"LNG STUCK ON AMBER America’s slow move toward exporting its natural gas bounty could be delayed still further . The Obama admin...
-
Japan and the United States crossed swords over automobile issues in three-day bilateral talks held in Tokyo through Friday in parallel to...
-
The ship-building industry may be set for a turnaround. A consultant that tracks the global shipping industry reports 153 large new cargo ...
-
"US bonds were crushed on Friday on the back of stronger-than-expected payroll data. Long-bond yields jumped 21 basis points (bps) to ...
-
The Wall Street Journal reports, "Federal Reserve Bank of Dallas President Richard Fisher reiterated his support Fri...