LeeCoppock.com
Econ News You Can Use
Category: Inflation
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The CPI report for October shows that inflation remains at historically low levels. Overall, the CPI actually declined in October by 0.1%, pushed down by a 2.9% decrease in gas prices. The graph below shows year over year changes in the CPI since 2003. The average annual inflation over this period was 2.4% but, in…
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Consumer prices in the U.S. increased 1.52% for the year ending in August. In the month of August alone, the increase was just 0.1%. The graph below shows year over year increases in the Consumer Price Index (CPI) back to 2003. By historical standards, recent inflation rates are relatively low; over the past 50 years,…
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