World Economic outlook - U.S Core CPI report 8/15/2012, U.S Core Consumer Price Index report 8/15/2012 : This monthly report will refer to the main changes in the core consumer price index for July 2012. According to the U.S Bureau of Labor statistics during June, the core CPI rose by 0.2%(M-o-M) and the index increased over the last 12 months by 2.2%; the CPI remained unchanged last month;
Bureau of Labor Statistics reported
The Bureau of Labor Statistics reported that the overall CPI was flat for the second consecutive month in July, while the core index increased by just 0.1 percent.
There is literally no evidence of inflation anywhere in this report.
The overall CPI hasn’t shown an increase since March and is up just 1.2 percent since July of last year.
The producer prices indices show inflation is well contained at earlier stages of production with the finished goods index up by just 0.5 percent year over year and both the intermediate goods index and the crude goods index down from year ago levels.
Clearly the Fed has no reason to be concerned about inflation exceeding its 2.0 percent target any time soon.
Bureau of Labor Statistics reported
The Bureau of Labor Statistics reported that the overall CPI was flat for the second consecutive month in July, while the core index increased by just 0.1 percent.
There is literally no evidence of inflation anywhere in this report.
The overall CPI hasn’t shown an increase since March and is up just 1.2 percent since July of last year.
The producer prices indices show inflation is well contained at earlier stages of production with the finished goods index up by just 0.5 percent year over year and both the intermediate goods index and the crude goods index down from year ago levels.
Clearly the Fed has no reason to be concerned about inflation exceeding its 2.0 percent target any time soon.
Related Post:
us economic
- China overall impact on U.S. Economic growth
- US Economic Retail sales increased february 2013
- Download Wells Fargo projects US economic growth 2013
- US. Consumer prices index (cpi) juni 2012
- U.S. job growth forecast 2013
- Fed ben bernanke statement april 25 2012
- Economic Issues North American Leaders Summit 2012
- higher gas prices to drive US. inflation higher march 2012
- US new home sales outlook February 2012
- Obama economic stimulus 2012
- will fed target low unemployment and economic growth 2012
- US Historical Inflation Rates 1914-2012
- how high U.S inflation rate february 2012
- U.S inflation rate forecast 2012
- US interest rates not rise until late 2014
- us economic outlook january 26 2012
- will Fed interest rate hike 2013-2014
- us.economic calendar reports january 23-27 2012
- U.S. GDP is projected 2012-2013
- Financial news defies Fed statements on economy
- Florida Economic growth forecast 2012
- US Economic financial markets Outlook 2012
- U.S. Focus in Iraq Turns to Economic Development
- How do California's economic forecasters predict the state's future
No comments:
Post a Comment