BY Jim Cline and Kate Kremer
Just last month, we noted that inflation appeared to be “trending downward” at that inflation at 2% or less might be the “new normal.” This week’s CPI report further reflects that downward trend.
November 21, 2013 by
Low CPI Falls Even Further in October
October 15, 2013 by
Latest CPI Report and Other Indicators Suggest Low Inflation May be the “New Normal”
By Jim Cline and Kate Kremer
As we had suggested in our last article on inflation trends, inflation seems to be trending downward. The CPI numbers confirm that trend. The latest inflation report both for Seattle and All-Cities is sub-2% and other recent inflation projections suggest that trend might continue. The recently released August CPI numbers report the National inflation index (All-Cities-W) at 1.5% and the Seattle-W even lower — 1.1%. A year ago, the corresponding were 1.7% (All-Cities) and 2.7% (Seattle): This graph shows the declining rate over the past year: [Read more…]
July 31, 2013 by
June CPI Report Shows Continued Low Inflation
By Jim Cline and Kate Kremer
The just-released June CPI numbers show that inflation continues to be low. The Seattle CPI-W index came in at 1.2% up 1/10 of a percentage from April but down from 2.7% from last June. The All-Cities index came in at 1.8%, up from 0.9 in April and slightly up from last June’s 1.6%. This graph shows the movement over the past year.
