inflation in August | Ecobrowser

The readings beat expectations, MoM 0.6% vs 0.3% Bloomberg consensus (0.1% vs -0.1% core).

Figure 1: Headline CPI year over year (brown), quarter by quarter (green), month by month (blue). The National Bureau of Economic Research identified peak-to-trough recession dates shaded in grey. Source: BLS via FRED, NBER, and author accounts.

Figure 2: Core CPI on a yearly basis (brown), quarterly (green), month by month (blue). The National Bureau of Economic Research identified peak-to-trough recession dates shaded in grey. Source: BLS via FRED, NBER, and author accounts.

Note that the narrower indicators – core and contracting by 16% – are rising on a monthly basis compared to last month, albeit lower than recent highs.

Figure 3: CPI headline on a monthly basis (blue), basic (brown), 16% trimmed (green). The National Bureau of Economic Research identified peak-to-trough recession dates shaded in grey. Source: BLS and Cleveland Fed via FRED, NBER, and author accounts.

This entry was posted on by Minzy Chen.

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