Latest CPI Data Says Services Inflation Is Still Riling!

Digital Finance Analytics (DFA) Blog

Sep 12 2024 | 00:22:42

00:00 / 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 0

April 16, 2025 • 00:14:05

Plenty Of Waffle But No Beef: The Rental Scandal That Pollies Prefer To Ignore!

In my live show with Leith van Onselen yesterday, we pulled apart the major party campaigns relating to housing, which focussed on those trying...

Episode

June 21, 2025 • 00:24:33

Betting On The TACO Trade, Or Bust…!

This is our weekly market update where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and...

Episode

November 21, 2024 • 00:29:33

Age Control Sledgehammer To Crack Online Safety Nut?

As expected, Australia’s communications minister Michelle Rowland has now introduced a world-first law into Parliament today that would ban children under 16 from social...