CPI Highlights
The Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in September on a seasonally adjusted basis after growing 0.1 percentage points in August.
Over 12 months, the all-items index elevated 1.7 percent earlier than the seasonal adjustment.
Increases within the indexes for shelter and meals were offset by declines within the indexes for strength and used motors and vans, resulting in the flat seasonally adjusted all gadgets index.
The electricity index fell 1. Four percent as the gasoline index declined 2.4 percent. The food index increased by 0.1 percent in September after being unchanged in every of the earlier three months.
The index for all gadgets had much fewer meals and electricity and rose to zero. One percent in September after growing 0.Three percent in each of the ultimate three months. Along with the refuge index, the indexes for hospital therapy, household furniture and operations, and motor vehicle coverage rose in September.
The indexes for used motors and trucks, apparel, new vehicles, and verbal exchange declined.
The meals index extended 1. Eight percent over the last 12 months, while the strength index reduced to 4.Eight percentage.
CPI Month-Over-Month and Year-Over-Year
In Search of Inflation
Anyone buying their fitness care coverage or electing to have any will look at that alleged 4.4% rise and assume it’s a funny story.
CPI vs. Medical Services and OER Year-Over-Year
Owners Equivalent Rent (OER) is another hassle place. Since 2012, rental costs have risen much quicker than the CPI.
The cost of scientific services almost continually rises faster than the CPI.
Families Suffering Despite Alleged Low Inflation
Employer Healthcare Costs Jump to $20,000 – Not Inflation?
Please be aware that the average employer healthcare costs have jumped to $20,000.
Uninsured Rate Jumps
On September 16, I said the Percentage of Healthcare Uninsured Jumps From 8.Zero% in 2017 to nine.1% in 2019.
68% of Millennial Homeowners Regret Buying a Home
The BLS does not consider the housing fee as a client rate; it only hires.
Rent is outstripping wages, and the rate of homes is even higher.
As the American Dream mentions, 68% of Millennial Homeowners Regret Buying a Home.
Inflation Magic
Low inflation is imaginary for those shopping for their medical health insurance, those searching for home insurance, those in university, and many others.
And of the path, the BLS no longer depends on economic bubbles, and the Fed does now not even see them.
