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== Upcoming CPI expectations == | == Upcoming CPI expectations == | ||
Expectations for | Expectations for November 2024 can be found [[Consumer Price Index:Historical Releases/2024 November|here]] | ||
==Historical CPI Releases== | ==Historical CPI Releases== | ||
Line 24: | Line 24: | ||
|'''Market Reaction''' | |'''Market Reaction''' | ||
|'''Full Release''' | |'''Full Release''' | ||
|- | |||
|[[Consumer Price Index:Historical Releases/2024 November|November 2024]] | |||
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| | |||
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|Link | |||
|- | |- | ||
|[[Consumer Price Index:Historical Releases/2024 October|October 2024]] | |[[Consumer Price Index:Historical Releases/2024 October|October 2024]] | ||
Line 567: | Line 580: | ||
!M/M Forecast | !M/M Forecast | ||
!Y/Y Forecast | !Y/Y Forecast | ||
|- | |||
|2024-11-01 | |||
|35.61 | |||
|0.37 | |||
|4.03 | |||
|0.3% | |||
|3.9% | |||
|- | |- | ||
|2024-10-01 | |2024-10-01 | ||
|35. | |35.48 | ||
|0. | |0.42 | ||
| | |4.05 | ||
|0.3% | |0.3% | ||
|4% | |4% | ||
Line 591: | Line 611: | ||
|2024-07-01 | |2024-07-01 | ||
|35.07 | |35.07 | ||
|0.23 | |0.23 | ||
|3.63 | |3.63 | ||
|0.3% | |0.3% | ||
Line 604: | Line 624: | ||
|} | |} | ||
===2. Supply Chains=== | ===2. Supply Chains=== | ||
Past developments: [[Supply Chain Developments]] | Past developments: [[Supply Chains|Supply Chain Developments]] | ||
{| class="wikitable" | {| class="wikitable" | ||
!Month<ref>https://www.newyorkfed.org/research/policy/gscpi#/interactive</ref> | !Month<ref>https://www.newyorkfed.org/research/policy/gscpi#/interactive</ref> | ||
!Index | !Index | ||
|- | |||
|30-Nov-2024 | |||
| -0.32 | |||
|- | |- | ||
|31-Oct-2024 | |31-Oct-2024 | ||
| -0. | | -0.33 | ||
|- | |- | ||
|30-Sep-2024 | |30-Sep-2024 | ||
Line 618: | Line 641: | ||
|0.22 | |0.22 | ||
|- | |- | ||
|31-Jul-2024 | |31-Jul-2024 | ||
| -0. | | -0.05 | ||
|- | |- | ||
|30-Jun-2024 | |30-Jun-2024 | ||
Line 627: | Line 650: | ||
Past Developments: [[Producer Price Index]] | Past Developments: [[Producer Price Index]] | ||
{| class="wikitable" | {| class="wikitable" | ||
! | !'''Producer Price Index''' | ||
! | !'''Actual'''<ref name=":0">https://www.investing.com/economic-calendar/ppi-734</ref> | ||
!'''Forecast(Y/Y)'''<ref name=":0" /> | |||
!'''Revised Previous(Y/Y)'''<ref name=":0" /> | |||
!'''M/M'''<ref name=":1">https://www.investing.com/economic-calendar/ppi-238</ref> | |||
! '''Forecast(M/M)'''<ref name=":1" /> | |||
!'''Revised Previous(M/M)<ref name=":1" />''' | |||
|- | |- | ||
|2024 October | |||
|2.40% | |||
|2.30% | |||
|1.90% | |||
|0.20% | |||
|0.20% | |||
|0.10% | |||
|- | |- | ||
|2024 | |2024 September | ||
| | |1.80% | ||
|0. | |1.60% | ||
| | |1.90% | ||
|0.00% | |||
|0.10% | |||
|0.20% | |||
|- | |- | ||
|2024 | |2024 August | ||
| | |1.70% | ||
|0. | |1.80% | ||
|1. | |2.10% | ||
|0.20% | |||
|0.1% | |||
|0.0% | |||
|- | |- | ||
|2024 | |2024 July | ||
| | |2.20% | ||
|0. | |2.30% | ||
|2. | |2.70% | ||
|0.10% | |||
|0.2% | |||
|0.2% | |||
|- | |- | ||
|2024 | |2024 June | ||
| | |2.60% | ||
| | |2.30% | ||
|2. | |2.40% | ||
| | |0.20% | ||
|0.1% | |||
|0.0% | |||
|0. | |||
| | |||
|} | |} | ||
===4. Housing Market=== | ===4. Housing Market=== | ||
Past Developments: [[Housing Market: US#Price Developments|Housing Market: US]] | Past Developments: [[Housing Market: US#Price Developments|Housing Market: US]] | ||
Line 674: | Line 712: | ||
!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
|- | |||
|2024-09-01 | |||
|324.80 | |||
| -0.10 | |||
|3.89 | |||
|- | |- | ||
|2024-08-01 | |2024-08-01 | ||
|325. | |325.13 | ||
| -0.13 | | -0.13 | ||
|4. | |4.28 | ||
|- | |- | ||
| 2024-07-01 | |2024-07-01 | ||
|325. | |325.54 | ||
|0. | |0.03 | ||
|4. | |4.87 | ||
|- | |- | ||
|2024-06-01 | |2024-06-01 | ||
|325. | |325.43 | ||
|0. | |0.48 | ||
|5.49 | |5.49 | ||
|} | |} | ||
==== Rents ==== | ==== Rents ==== | ||
{| class="wikitable" | {| class="wikitable" | ||
! rowspan="2" |Date<ref name=": | ! rowspan="2" |Date<ref name=":03">https://www.apartmentlist.com/research/national-rent-data?utm_source=twitter.com</ref> | ||
! colspan="3" |Overall | ! colspan="3" |Overall | ||
! colspan="3" |1 Bedroom | ! colspan="3" |1 Bedroom | ||
Line 711: | Line 749: | ||
!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
|- | |||
|11/1/2024 | |||
|1382 | |||
| -0.86 | |||
| -0.65 | |||
|1214 | |||
| -0.82 | |||
| -0.65 | |||
|1368 | |||
| -0.80 | |||
| -0.58 | |||
|- | |- | ||
|10/1/2024 | |10/1/2024 | ||
| | |1394 | ||
| -0.71 | | -0.71 | ||
| -0.71 | | -0.71 | ||
| | |1224 | ||
| -0. | | -0.81 | ||
| -0.73 | | -0.73 | ||
| | |1379 | ||
| -0. | | -0.79 | ||
| -0. | | -0.79 | ||
|- | |- | ||
|9/1/2024 | |9/1/2024 | ||
| | |1404 | ||
| -0. | | -0.50 | ||
| -0.78 | | -0.78 | ||
|1234 | |1234 | ||
Line 735: | Line 784: | ||
|- | |- | ||
|8/1/2024 | |8/1/2024 | ||
| | |1411 | ||
| -0. | | -0.14 | ||
| -0. | | -0.84 | ||
|1240 | |1240 | ||
| -0.16 | | -0.16 | ||
Line 746: | Line 795: | ||
|- | |- | ||
|7/1/2024 | |7/1/2024 | ||
| | |1413 | ||
|0.21 | |0.21 | ||
| -0.84 | | -0.84 | ||
Line 757: | Line 806: | ||
|- | |- | ||
|6/1/2024 | |6/1/2024 | ||
| | |1410 | ||
|0.43 | |0.43 | ||
| -0.77 | | -0.77 | ||
Line 772: | Line 821: | ||
CPI food at home prices are highly directionally correlated to on a 6-month lagged basis. | CPI food at home prices are highly directionally correlated to on a 6-month lagged basis. | ||
{| class="wikitable" | {| class="wikitable" | ||
!Date<ref name=": | !Date<ref name=":04">https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | ||
! colspan="3" |Food Price Index | ! colspan="3" |Food Price Index | ||
!Meat | !Meat | ||
!Dairy | ! Dairy | ||
!Cereals | !Cereals | ||
!Oils | !Oils | ||
Line 789: | Line 838: | ||
!Index | !Index | ||
!Index | !Index | ||
|- | |||
|2024-11 | |||
|127.50 | |||
|0.47 | |||
|5.72 | |||
|118.1 | |||
|139.9 | |||
|111.4 | |||
|164.1 | |||
|126.4 | |||
|- | |- | ||
|2024-10 | |2024-10 | ||
| | |126.90 | ||
| | |1.85 | ||
|5. | |5.14 | ||
| | |119.1 | ||
|139. | |139.0 | ||
|114.4 | |114.4 | ||
|152.7 | |152.7 | ||
Line 801: | Line 860: | ||
|- | |- | ||
|2024-09 | |2024-09 | ||
|124. | |124.60 | ||
|2. | |2.38 | ||
|2. | |2.38 | ||
| | |119.9 | ||
| 136.5 | |136.5 | ||
|113.6 | |113.6 | ||
|142.4 | |142.4 | ||
|126.3 | |126.3 | ||
|- | |- | ||
|2024-08 | |2024-08 | ||
|121.70 | |121.70 | ||
|0.66 | |0.66 | ||
Line 826: | Line 885: | ||
|120.0 | |120.0 | ||
|127.9 | |127.9 | ||
|110.7 | |110.7 | ||
|135.0 | |135.0 | ||
|119.5 | |119.5 | ||
Line 835: | Line 894: | ||
| -1.63 | | -1.63 | ||
|118.1 | |118.1 | ||
|127.9 | | 127.9 | ||
|115.2 | |115.2 | ||
|131.8 | |131.8 | ||
|119.4 | |119.4 | ||
|} | |} | ||
Line 845: | Line 904: | ||
! rowspan="2" |Date | ! rowspan="2" |Date | ||
Average Prices | Average Prices | ||
! colspan="3" |WTI<ref name=": | ! colspan="3" |WTI<ref name=":5">https://fred.stlouisfed.org/series/DCOILWTICO</ref> | ||
! colspan="3" |US Regular All Formulations Gas Price<ref name=": | ! colspan="3" |US Regular All Formulations Gas Price<ref name=":6">https://fred.stlouisfed.org/series/GASREGW</ref> | ||
|- | |- | ||
!Dollars per Barrel NSA | !Dollars per Barrel NSA | ||
!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
! Dollars per Gallon NSA | !Dollars per Gallon NSA | ||
!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
|- | |||
|2024-11-01 | |||
|69.95 | |||
| -2.83 | |||
| -9.96 | |||
|3.05 | |||
| -2.68 | |||
| -7.99 | |||
|- | |- | ||
|2024-10-01 | |2024-10-01 | ||
Line 881: | Line 948: | ||
|2024-07-01 | |2024-07-01 | ||
|81.80 | |81.80 | ||
| 2.54 | |2.54 | ||
|7.53 | |7.53 | ||
|3.48 | |3.48 | ||
Line 900: | Line 967: | ||
! rowspan="2" |Date | ! rowspan="2" |Date | ||
! colspan="4" |Used Car Index | ! colspan="4" |Used Car Index | ||
! colspan="3" |New Car Average Transaction Prices | ! colspan="3" |New Car Average Transaction Prices | ||
|- | |- | ||
!Index (1/97 = 100) | !Index (1/97 = 100) | ||
Line 906: | Line 973: | ||
!Index % MoM | !Index % MoM | ||
!Index % YoY | !Index % YoY | ||
! ATP | !ATP | ||
!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
|- | |- | ||
|Oct-24 | |Nov-24 | ||
|202. | |205.4 | ||
|18,787 | |||
|1.28 | |||
|0.20 | |||
|48,724 | |||
|1.5% | |||
| | |||
|- | |||
|Oct-24 | |||
|202.8 | |||
|18,552 | |18,552 | ||
| -0.10 | | -0.10 | ||
| -3.15 | | -3.15 | ||
|48,398 | | 48,398 | ||
|0.2% | |0.2% | ||
|0.4% | | 0.4% | ||
|- | |- | ||
|Sep-24 | |Sep-24 | ||
|203. | |203.0 | ||
|18,565 | |18,565 | ||
| -0.44 | | -0.44 | ||
Line 929: | Line 1,005: | ||
|- | |- | ||
|Aug-24 | |Aug-24 | ||
|203. | |203.9 | ||
|18,654 | |18,654 | ||
|1.14 | |1.14 | ||
| -3.91 | | -3.91 | ||
|47,997 | |47,997 | ||
Line 937: | Line 1,013: | ||
| -1.17% | | -1.17% | ||
|- | |- | ||
|July-24 | |July-24 | ||
|201. | |201.6 | ||
|18,441 | |18,441 | ||
|2.80 | |2.80 | ||
| -4.77 | | -4.77 | ||
|48,166 | |48,166 | ||
Line 947: | Line 1,023: | ||
|- | |- | ||
|Jun-24 | |Jun-24 | ||
|196. | |196.1 | ||
| 17,934 | | 17,934 | ||
| -0.61 | | -0.61 | ||
| -8.83 | | -8.83 | ||
|48,424<ref>https://www.coxautoinc.com/market-insights/june-2024-atp-report/</ref> | |48,424<ref>https://www.coxautoinc.com/market-insights/june-2024-atp-report/</ref> | ||
|0.1% | |0.1% | ||
| -1.08% | | -1.08% | ||
Line 966: | Line 1,042: | ||
! | ! | ||
! | ! | ||
|- | |||
|2024-10-01 | |||
|141.20 | |||
|0.28 | |||
|0.79 | |||
|- | |- | ||
|2024-09-01 | |2024-09-01 | ||
Line 972: | Line 1,053: | ||
| -0.14 | | -0.14 | ||
|- | |- | ||
|2024-08-01 | | 2024-08-01 | ||
|141.40 | |141.40 | ||
| -0. | | -0.28 | ||
|0.78 | |0.78 | ||
|- | |- | ||
|2024-07-01 | |2024-07-01 | ||
|141. | |141.80 | ||
|0. | |0.14 | ||
|1. | |1.72 | ||
|- | |- | ||
|2024-06-01 | |2024-06-01 | ||
|141.60 | |141.60 | ||
| 0.07 | |0.07 | ||
|1.58 | |1.58 | ||
|} | |} | ||
Line 996: | Line 1,077: | ||
! PMI Manufacturing<ref>https://www.investing.com/economic-calendar/ism-manufacturing-prices-174</ref><ref>https://tradingeconomics.com/united-states/ism-manufacturing-prices</ref> | ! PMI Manufacturing<ref>https://www.investing.com/economic-calendar/ism-manufacturing-prices-174</ref><ref>https://tradingeconomics.com/united-states/ism-manufacturing-prices</ref> | ||
!PMI Services<ref>https://www.investing.com/economic-calendar/ism-non-manufacturing-prices-1049</ref><ref>https://tradingeconomics.com/united-states/ism-non-manufacturing-prices</ref> | !PMI Services<ref>https://www.investing.com/economic-calendar/ism-non-manufacturing-prices-1049</ref><ref>https://tradingeconomics.com/united-states/ism-non-manufacturing-prices</ref> | ||
|- | |||
|Nov-24 | |||
|50.3 | |||
|58.2 | |||
|- | |- | ||
|Oct-24 | |Oct-24 |