Category Archives: Prices – PPI, CPI and More

all price surveys

October 2012 CPI Rises to 2.2% Inflation Year-over-Year

by Steven Hansen and Doug Short The October 2012 Consumer Price Index (CPI-U) annual inflation rate grew from 2.0% to 2.2%. Core inflation (CPI less food and energy) was unchanged at 2.0% annual inflation. The dynamics are energy and food … Continue reading

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October 2012 Producer Price Index Inflation Remains Moderate

Written by Steven Hansen The Producer Price Index inversion remains this month – in other words crude product price inflation is lower than finished goods.  Food prices jumped this month, but was more than offset by declines in most other … Continue reading

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Slight Export and Import Price Inflation in October 2012

Written by Steven Hansen October 2012 broke the 5 month string of import and export price deflation with imports rising 0.4% year-over-year and exports rising 1.4% year-over-year. There was general price inflation across most imports, while export price inflation was … Continue reading

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September 2012 CPI Shows Annual Inflation Grew to 2.0%

by Steven Hansen and Doug Short The September 2012 Consumer Price Index (CPI-U) annual inflation rate grew from 1.7% to 2.0%. Core inflation (CPI less food and energy) grew slightly from 1.9% to 2.0% annual inflation. The dynamics are energy … Continue reading

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September 2012 Producer Price Index Show Moderating Trend Ending

Written by Steven Hansen The Producer Price Index inversion disappeared this month  – in other words crude product price inflation is now higher than finished goods. The BLS reported that the Producer Price Index (PPI) finished goods prices year-over-year inflation … Continue reading

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Export and Import Price Deflation Remains in September 2012

Written by Steven Hansen September 2012 is the fifth month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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August 2012 CPI Up Slightly to 1.7% Annual Inflation Mostly Due to Oil

by Steven Hansen and Doug Short The August 2012 Consumer Price Index (CPI-U) annual inflation rate grew from 1.4% back to 1.7%. Core inflation (CPI less food and energy) eased slightly from 2.1% to 1.9% annual inflation. The dynamics are … Continue reading

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August 2012 Producer Price Index Jumps to 2.0% for Finished Goods

Written by Steven Hansen The story this month on the Producer Price Index is its sudden jump – driven mostly by energy, but food price inflation was no slouch either. The BLS reported that the Producer Price Index (PPI) finished … Continue reading

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Export and Import Price Deflation Continues in August 2012

Written by Steven Hansen August 2012 is the fourth month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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July 2012 CPI Shows Offsetting Inflationary Dynamics

by Steven Hansen and Doug Short The July 2012 Consumer Price Index (CPI-U) annual inflation rate contracted from 1.7% to 1.4. Core inflation (CPI less food and energy) eased slightly from 2.2% to 2.1% annual inflation. The dynamics are energy … Continue reading

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July 2012 Producer Price Index Declines to 0.5% Year-over-Year

Written by Steven Hansen Supply chain inflation continues to be inverted for the fourth month – with deflation in the crude and intermediate goods portion of the index. Historically, crude goods trends drive finished goods trends.   However, increases in crude … Continue reading

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Export and Import Prices Continue to Deflate in July 2012

Written by Steven Hansen July 2012 is the third month of the unusual event of both import and export prices showing year-over-year deflation. Export / Import prices have deflated several times without a recession occurring – however, deflation is a … Continue reading

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June 2012 CPI Essentially Unchanged

by Steven Hansen and Doug Short The May 2012 Consumer Price Index (CPI-U) annual inflation rate was unchanged at 1.7%.  Core inflation (CPI less food and energy) eased slightly from 2.3% to 2.2% annual inflation. The dynamics of the components … Continue reading

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Are Price Increases Killing Consumption?

Written by Steven Hansen Based on comments on my last post, that there are misconceptions about consumer spending patterns and the effects of price increases.  Consider several potential effects caused by price increases: A consumer can do without.  No vacation, … Continue reading

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Export and Import Prices In Full Deflation Mode in June 2012

Written by Steven Hansen There is only marginal correlation between economic activity, recessions and export / import prices. Prices can be rising or falling going into a recession. Econintersect follows this data series to adjust economic activity for the effects … Continue reading

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June 2012 Producer Price Index Continues to Show Little Inflation

Written by Steven Hansen The supply chain inflation continues to be inverted – with deflation in the crude and intermediate goods portion of the index. Historically, crude goods trends drive finished goods trends. The Producer Price Index (PPI) finished goods … Continue reading

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May 2012 CPI Continues to Moderate, Core Inflation Again Unchanged

by Steven Hansen and Doug Short The May 2012 Consumer Price Index (CPI-U) annual inflation rate fell from 2.3% to 1.7%. Core inflation (CPI less food and energy) was unchanged again at 2.3% annual inflation. The Producer Price Index (released … Continue reading

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Inflation is Disappearing in May 2012 Producer Price Index

Written by Steven Hansen The supply chain inflation continues to be inverted – with deflation in the crude and intermediate goods portion of the index. Historically, crude goods trends drive finished goods trends. The Producer Price Index (PPI) finished goods … Continue reading

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Deflation Underway? Export and Import Prices Contract in May 2012

Written by Steven Hansen There is only marginal correlation between economic activity, recessions and export / import prices. Prices can be rising or falling going into a recession. Econintersect follows this data series to adjust economic activity for the effects … Continue reading

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April 2012 CPI Continues to Show Slowing Inflation

by Steven Hansen and Doug Short The April 2012 Consumer Price Index (CPI-U) annual inflation rate fell from 2.7% to 2.3%. Core inflation (CPI less food and energy) was unchanged at 2.3% annual inflation [note that the Federal Reserve uses … Continue reading

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