Consumer Price Index:Historical Releases/2024 October: Difference between revisions

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* On a yearly basis, headline CPI was up 2.6% while core CPI increased 3.3%, both in line with the estimates.
* On a yearly basis, headline CPI was up 2.6% while core CPI increased 3.3%, both in line with the estimates.
* Super core inflation rose 0.3% down from 0.4% in September, driven by transportation services and medical care services.
* Super core inflation rose 0.3% down from 0.4% in September, driven by transportation services and medical care services.
[[File:540d77785c57f0022d974e2637abad257c56e514 2 1035x580.png|center|thumb|1003x1003px|<ref>https://public.tableau.com/views/USInflation_17171686419090/CPIYY?:language=en-US&:sid=&:redirect=auth&:display_count=n&:origin=viz_share_link</ref>]]
[[File:Da6e8a26b013ff05bf3ea125aee51738676f0054 2 1035x697.png|center|thumb|999x999px]]
'''Shelter is still responsible for more than half of the CPI increases. While there’s hope that shelter inflationary pressures will eventually ease, the decline has been very gradual and not linear.'''
* Transportation is still a problem at 8.17% y/y, but has improved slightly during the year.
* Medical services seeing renewed inflationary pressures at 3.83 y/y currently, it was at 0.62% y/y back in January.
[[File:96c942c27bc780823fc9e005a4c87406fc26ef46 2 1035x582.png|center|thumb|1006x1006px|<ref>https://public.tableau.com/views/USInflation_17171686419090/Shelter6MAnn?:language=en-US&:sid=&:redirect=auth&:display_count=n&:origin=viz_share_link</ref>]]


=== By FED CPI Category ===
=== By FED CPI Category ===
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|4.468%
|4.468%
|}
|}
[[File:540d77785c57f0022d974e2637abad257c56e514 2 1035x580.png|center|thumb|1003x1003px|<ref>https://public.tableau.com/views/USInflation_17171686419090/CPIYY?:language=en-US&:sid=&:redirect=auth&:display_count=n&:origin=viz_share_link</ref>]]
[[File:Da6e8a26b013ff05bf3ea125aee51738676f0054 2 1035x697.png|center|thumb|999x999px]]
'''Shelter is still responsible for more than half of the CPI increases. While there’s hope that shelter inflationary pressures will eventually ease, the decline has been very gradual and not linear.'''
* Transportation is still a problem at 8.17% y/y, but has improved slightly during the year.
* Medical services seeing renewed inflationary pressures at 3.83 y/y currently, it was at 0.62% y/y back in January.
[[File:96c942c27bc780823fc9e005a4c87406fc26ef46 2 1035x582.png|center|thumb|1006x1006px|<ref>https://public.tableau.com/views/USInflation_17171686419090/Shelter6MAnn?:language=en-US&:sid=&:redirect=auth&:display_count=n&:origin=viz_share_link</ref>]]
[[File:0ecf51253d0dd038f93e23678aecb813aeee2d9d.jpeg|center|thumb|725x725px]]
'''Shelter, Transportation and medical services are also the only components that inflation has not seen significant improvement since 2022.'''


== CPI expectations ==
== CPI expectations ==