Inflation—sure to be a topic at this week’s Federal Open Market Committee meeting—roared like a lion in November, jumping by nearly 7 percent year over year to its fastest pace in nearly 40 years, the Bureau of Labor Statistics reported Friday.
Tag: Consumer Price Index
Consumer Prices Continue to Heat Up
Consumer prices, already fueled by a heated economy continued to accelerate in June to its fastest monthly rate in 13 years, the Labor Department reported Tuesday.
MBA Chart of the Week: Annual Price Gains
Our Thanksgiving-themed Chart of the Week highlights the strength in turkey price growth in 2020, along with year-over-year price changes for a few other goods categories.
MBA Chart of the Week: Annual Price Gains
Our Thanksgiving-themed Chart of the Week highlights the strength in turkey price growth in 2020, along with year-over-year price changes for a few other goods categories.
MBA Chart of the Week: Thanksgiving Prices Since 2000
This week’s chart highlights prices of items that households commonly purchase this time of the year. This is based on data from the Consumer Price Index, a main measure of price inflation published by the U.S. Bureau of Labor Statistics.
MBA Chart of the Week: CPI Inflation–Shelter Costs
Housing affordability challenges–for both buying and renting–continue to be a topic of discussion. According to the Bureau of Labor Statistics, shelter costs continue to outpace the price growth of overall goods and services, as measured by the Consumer Price Index.