inflation

economic charts

Inflation report ‘hotter than expected’ 

The Bureau of Labor and Statistics (BLS) released January’s consumer price index report Tuesday, noting inflation currently sits at 3.1%.  “Overall prices slowed down to 3.1% in January from 3.4% in December over the previous 12 months.  Core inflation, which excludes food and energy items, remain unchanged,” said America’s Credit Unions’ Dawit Kebede. “On a monthly …

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economic charts

Inflation slightly increased in December

The Bureau of Labor Statistics Thursday released its monthly consumer price index report for December. America’s Credit Unions’ Senior Economist Dawit Kebede provided an analysis of the 0.3 percent increase consumers saw last month after slowing down in the prior two months, resulting in a 3.4 percent rate over the last 12-months.  “Core inflation, a …

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