Consumer Price Index – January 2015

U.S. consumer prices recorded their biggest decline in six years in December. The Labor Department said on Friday its Consumer Price Index fell 0.4 percent last month, the largest drop since December 2008, after sliding 0.3 percent in November. In the 12 months through December, CPI increased 0.8 percent.

It was the weakest year-on-year reading since October 2009, and followed a 1.3 percent rise in November.

Prior Actual
CPI – M/M change -0.3 % -0.4 %
CPI – Y/Y change 1.3 % 0.7 %
CPI less food & energy- M/M change 0.1 % 0.0 %
CPI less food & energy – Y/Y change 1.7 % 1.6 %

 

By | 2015-01-20T20:30:12+00:00 January 20th, 2015|Categories: Economics, Lagging|Tags: |0 Comments

About the Author:

Bryan Sanford is Vice President and Investment Officer of Charter Trust Company. He joined the firm in 2009 and is based in our Concord NH office. Mr. Sanford received his Bachelors of Science degree from the University of New Hampshire, Durham. Mr. Sanford has held the FINRA Series 7 license. Prior to joining Charter Trust, Mr. Sanford served in the United States Marine Corps as an infantryman. He participated in Operation Iraqi Freedom, touring in Fallujah, Iraq.

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