Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(11,493 posts)
2. Kinda boring week as far as economy reports, except for CPI on Thur. and PPI on Friday
Mon Jul 8, 2024, 07:17 AM
Jul 2024

and Consumer Sentiment on Friday. No indicators on the strength of the economy and job market this week except the usual Thursday unemployment insurance claims report (the other factor in any rate change decisions).

Here's where the stand now on the CPI and PPI (producer price index, aka wholesale inflation) --

"Regular" is the "headline" number that has "everything"

"Core" is the regular with food and energy removed (The Fed prefers this as a basis for projecting FUTURE inflation)

More explanations and also the Fed's favorite PCE inflation is at https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3263090

CORE CPI through May that came out 6/12/24
CORE CPI (seasonally adjusted) http://data.bls.gov/timeseries/CUSR0000SA0L1E
BLS CPI news release: https://www.bls.gov/news.release/cpi.nr0.htm



The Regular aka Headline CPI through May that came out 6/12/24
Regular CPI (seasonally adjusted) https://data.bls.gov/timeseries/CUSR0000SA0
BLS CPI news release: https://www.bls.gov/news.release/cpi.nr0.htm



WHOLESALE INFLATION (PPI - the Producer Price Index)

https://www.bls.gov/news.release/ppi.nr0.htm

As for which core PPI measure, since the BLS highlights the one below in its reporting (as opposed to the one without food and energy), then I guess I should do likewise.

CORE PPI (excluding food, energy, trade services) through May that came out 6/13/24:
CORE PPI (seasonally adjusted) http://data.bls.gov/timeseries/WPSFD49116



===========================================================

Regular PPI through May that came out 6/13/24 ( includes "everything" ):
Regular PPI (seasonally adjusted) http://data.bls.gov/timeseries/WPSFD4


Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Economy»This week's U.S. inflatio...»Reply #2