Thursday, October 10, 2024

BLS Data Dump. CPI - October 10th, 2024

First up is the BLS Report for CPI...(historical releases)

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in August and July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.4 percent before seasonal adjustment.

The index for shelter rose 0.2 percent in September, and the index for food increased 0.4 percent. Together, these two indexes contributed over 75 percent of the monthly all items increase. The food at home index increased 0.4 percent in September and the food away from home index rose 0.3 percent over the month. The energy index fell 1.9 percent over the month, after declining 0.8 percent the preceding month. 

The 2.44% is below the 2.62% of March, 2021, but still above the 1.68% of February, 2021.

Here is the unadjusted CPI for the past 12 months...

My own personal CPI rose 2.8% Y/Y, but rose +0.2% on the month (I'm not thrilled, but still a bit happy with that) ...

Taking a look at the current report card...


The COLA is 2.5%, for 2025.


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