by Ryan McMaken of Mises Institute
The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index...
Prior 7.0%CPI MoM 0.1% vs. 0.0% expectedCPI year on year rose 6.9%. This was the 3rd consecutive monthly decline in the headline inflation. Gasoline prices are mostly responsible for the deceleration. Higher food...
Core CPI +4.8% vs +4.8% y/y prelimA slight revision lower to the headline reading, but close enough to be called double-digits - just not officially now. Either way, it still represents a record...
Prior +9.9%Core CPI +6.5% vs +6.4% y/y expectedPrior +6.3%On the month itself, CPI increased by 0.5% as UK inflation hits double-digits once again on an annual basis. This just piles on the misery...
This is the Business New Zealand Performance of Services Index. Solidly in expansion and off from August. BusinessNZ chief executive Kirk Hope:the two key sub-indexes of New Activity/Sales (59.2) and New Orders/Business (62.9)...