Latest CPI Data Says Services Inflation Is Still Riling!

September 12, 2024 00:22:42
Latest CPI Data Says Services Inflation Is Still Riling!
Digital Finance Analytics (DFA) Blog
Latest CPI Data Says Services Inflation Is Still Riling!

Sep 12 2024 | 00:22:42

/

Show Notes

On Wednesday the BLS released the latest US inflation data and top line, it appears the post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low. However, while the spike in goods, food and energy prices is over, services inflation remains uncomfortably high. Core prices rose 3.2% in August from a year ago, the same as in July. And on a month-to-month basis, core prices rose 0.3%, a slight pickup from July’s 0.2% increase. Core of course is closely watched by economists as it typically provides a better read of future inflation trends. […]

Other Episodes

Episode

November 11, 2019 00:11:27
Episode Cover

Did The End Of The World Just Get Postponed? [Podcast]

Something happened late last week, which superficially might be attributed to positive news on the US China trade talks (later downplayed by Trump) but...

Listen

Episode 0

December 29, 2019 00:19:15
Episode Cover

A UK Perspective On Household Finance [Podcast]

The Bank of England just published an interesting report on household finances. There are some interesting parallels with Australia. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-financial-position-of-british-households

Listen

Episode 0

September 26, 2022 00:58:55
Episode Cover

Its Edwin's Monday Evening Property Rant! [Podcast]

My latest discussion with our property insider Edwin Almeida. https://www.ribbonproperty.com.au/ From the We-chat chatters to the latest numbers and market commentary, we pick apart...

Listen