Why are the “June CPI” Numbers Important?

Why are the “June CPI” Numbers Important?

By Jim Cline and Kate Kremer

In our last newsletter we discussed the most recent inflation report from CPI. It shows the All-Cities “W” index inflation had decelerated to 2.9% and the corresponding Seattle inflation index had dropped to 3.6 (down from 4.5% just in April). The less commonly relied upon Seattle “U” index was notch higher at 3.8%. Other West Coast indices were close in line with the All-Cities numbers.

[Read more…]

Recent June CPI Release shows Cooling National Inflation and Further Cooling in the Seattle Numbers

Recent June CPI Release shows Cooling National Inflation and Further Cooling in the Seattle Numbers

By Jim Cline and Kate Kremer

The Bureau of Labor Statistics released their bimonthly inflation report two weeks ago showing inflation through June. We have previously reported on the slowdown of inflation with predictions of further slowdown ahead. This report confirms that expected trend. Most notable about the June report is that anticipated cooling of the “Seattle” numbers is materializing.

[Read more…]

This Week’s National CPI Raises Further Questions on CPI Trajectory

This Week’s National CPI Raises Further Questions on CPI Trajectory

By Jim Cline

The latest inflation numbers raises further questions about whether the CPI will continue to decline quickly below 3% as had been predicted. The Bureau of Labor Statistics released US All Cities inflation numbers for March this past Wednesday. Both the National “W” and “U” March indices were reported at 3.5%. That is an increase over the respective 3.1% and 3.2% numbers reported for February.

[Read more…]