Tag Archives: gasoline

May 2013 CPI Movement Continues to be Moderate – 1.4% Year-over-Year Inflation

by Doug Short and Steven Hansen The May 2013 Consumer Price Index (CPI-U) year-over-year inflation rate rose moderately from 1.1% to 1.4% . Core inflation (CPI less food and energy) was unchanged at 1.7%. The dynamics were mixed but most … Continue reading

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April 2013 CPI Moderates to 1.1% Year-over-Year Inflation

by Doug Short and Steven Hansen The April 2013 Consumer Price Index (CPI-U) year-over-year inflation rate fell from 1.5% to 1.1% . Core inflation (CPI less food and energy) fell slightly also from 1.9% to 1.7%. The dynamics were large … Continue reading

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Retail Sales Stay Right on Trend but Economists Get It Wrong Again

by Lee Adler, Wall Street Examiner Retail sales grew modestly and on trend in April. There was no evidence of either a slowing economy or one that is overheating and about to cause conventional inflation measures to move higher. At … Continue reading

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March 2013 CPI Moderates to 1.5% Year-over-Year Inflation

by Doug Short and Steven Hansen The March 2013 Consumer Price Index (CPI-U) year-over-year inflation rate fell from 1.7% to 1.5% . Core inflation (CPI less food and energy) fell slightly also from 2.0% to 1.9%. The dynamics were large … Continue reading

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February 2013 CPI Rises to 2.0% Year-over-Year Inflation

by Doug Short and Steven Hansen The February 2013 Consumer Price Index (CPI-U) year-over-year inflation rate rose from 1.7% to 2.0% – with the largest month-over-month jump in over a year. Core inflation (CPI less food and energy) rose slightly … Continue reading

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January 2013 CPI Moderates to 1.6% Year-over-Year Inflation

by Doug Short and Steven Hansen The January 2013 Consumer Price Index (CPI-U) year-over-year inflation rate fell modestly from 1.7% to 1.6%. Core inflation (CPI less food and energy) remained at 1.9%. The dynamics are moderate increase from services, but … Continue reading

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Dude, Where’s My Cheap Gas?

by James D. Hamilton, Econbrowser.com This article was originally published at Econbrowser. Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.

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Real Retail Sales Rising On Trend, But Rising Gas Prices Could Crimp Soon

by Lee Adler, Wall Street Examiner Retail Sales rose by 0.1% in January (month to month) and were up 4.4% annually, according to the Commerce Department’s January Advance Retail Sales Report. Those are seasonally adjusted idealized estimates. Neither figure is … Continue reading

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December 2012 CPI Moderates to 1.7% Year-over-Year Inflation

by Doug Short and Steven Hansen The November 2012 Consumer Price Index (CPI-U) year-over-year inflation rate fell modestly from 1.8% to 1.7%. Core inflation (CPI less food and energy) remained at 1.9%. The dynamics are moderate increase from food, but … Continue reading

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Oil, Gasoline Markets End 2012 with Swollen Inventory Levels

by EconMatters EIA Inventory Data In analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year. The takeaway isn`t so much that gasoline inventories rose 23 million … Continue reading

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Manipulation of Gasoline and Oil Markets

Gasoline & Oil Markets Rigged Far Worse Than Libor By EconMatters UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, … Continue reading

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November 2012 CPI Declines to 1.8% Inflation Year-over-Year

by Steven Hansen and Doug Short The November 2012 Consumer Price Index (CPI-U) annual inflation rate fell modestly from 2.2% to 1.8%. Core inflation (CPI less food and energy) decreased slightly from 2.0% to 1.9%annual inflation.  Per the BLS: “Hurricane … Continue reading

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The Idea That US Consumer Is Resilient Is A Myth

America is in verge of experiencing another disastrous bubble in some segment of its economy, argues Lee Adler. Studying the data, Mr. Adler concludes that the Americans are spending less. According to him, the upcoming bubble is unlikely to do any good to the economy just as the last one. As a result, the economic downturn will affect the standard of living in the country.

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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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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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Gasoline Use Down, Recession Possibility Up

Written by Steven Hansen There are enough analysts believing the USA is in, or about to be in, a recession – that one is kept in a higher alert status for signs.  These informed opinions need to be taken seriously … 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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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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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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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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