CPI Annual Revision

Posted - Filed under Consumer Price Index, Release Observations.

The Bureau of Labor Statistics reported today no change in the CPI-U All Items Index for January.  However, with January 2015’s large fall dropping out of the year-year calculation, the annual inflation rate jumped from 0.67 to 1.34%. Today’s release also includes the annual revision to past data.   Some reduction in seasonality can be seen… Read more » Read More

SF / Philadelphia CPI Differences

Posted - Filed under Consumer Price Index, Data News.

The headline, CPI “U.S. City Average” inflation rate published today by the Bureau of Labor Statistics up, at 0.7%. Prices actually fell in December  (on a seasonally adjusted basis) but December 2014’s much larger fall, fell out of the year-to-year rate, resulting in that increase to 0.7%.   At the local level. San Francisco’s CPI… Read more » Read More