Inflation Tracker

NAA Inflation Tracker

NAA Inflation Tracker: June 2022

June, 2022 | Updated June, 2022

CPI, Latest Release, May 2022    By all measures – headline, core, monthly and annually – the May Consumer Price Index (CPI) came in hotter than expected. Headline CPI increased 8.5% (seasonally adjusted) year-over-year and 1.0% since last month. Not surprising, the energy index was up 34.6% year-…

NAA Inflation Tracker: May 2022

May, 2022 | Updated May, 2022

CPI, Latest Release, April 2022 After 7 months of smashing records, the headline Consumer Price Index (CPI) retreated slightly to 8.2% year-over-year (8.3% unadjusted). This was somewhat hotter than analysts’ expectations of 8.1%. Although it’s only one month of data, it is a good sign that…

NAA Inflation Tracker: April 2022

April, 2022 | Updated May, 2022

CPI, Latest Release, March 2022 Once again, the Consumer Price Index (CPI) and core CPI (excluding food and energy) reached 40-year highs, increasing 8.5% and 6.5%, respectively, prior to seasonal adjustment. The headline number came in just a hair above analysts’ expectations of 8.4%. On a monthly…

NAA Inflation Tracker: March 2022

March, 2022 | Updated May, 2022

CPI, Latest Release, February 2022    The Consumer Price Index (CPI) increased 7.9% year-over-year while core CPI (excluding food and energy) increased 6.4%, both new 40-year highs. On a monthly basis, food prices increased 1.0%, the highest gain since the onset of the pandemic in April 2020. After…

NAA Inflation Tracker: February 2022

February, 2022 | Updated May, 2022

CPI, Latest Release, January 2022    The Consumer Price Index (CPI) increased 7.5% year-over-year while core CPI increased 6.0%. Once again, we must go back to 1982 to find similar figures. Energy prices increased 27% while food prices were up 7.5%. Looking at monthly changes by category can reveal…

NAA Inflation Tracker: January 2022

January, 2022 | Updated May, 2022

CPI, Latest Release, December 2021 The Consumer Price Index (CPI) skyrocketed once again, increasing 7.1% on a year-over-year basis and 0.5% over the month. The largest increases since November were used cars and trucks, airline fares, apparel, and new vehicles, all up more than 1.0%. Energy prices…

NAA Inflation Tracker: December 2021

December, 2021 | Updated May, 2022

CPI, Latest Release, November 2021 The Consumer Price Index (CPI) rose 6.9% on a year-over-year basis, while prices excluding food and energy (core CPI) rose 5.0%, both measures at decades’ highs. Energy prices skyrocketed 33.3% year-over-year while food prices were up 6.1%. The only components of…

NAA Inflation Tracker: November 2021

November, 2021 | Updated May, 2022

CPI, Latest Release, September 2021 The Consumer Price Index (CPI) rose 6.2% on a year-over-year basis, while prices excluding food and energy (core CPI) rose 4.6%, well above consensus forecasts. Energy prices have soared 30% over the past year while food prices were up 5.3%. For core CPI, used…

NAA Inflation Tracker: October 2021

October, 2021 | Updated May, 2022

CPI, Latest Release, September 2021, 5.4% The Consumer Price Index (CPI) rose 5.4% on a year-over-year basis, while prices excluding food and energy (core CPI) rose 4.0%, slightly above consensus forecasts. For headline CPI, energy drove price increases, up nearly 25% year-over-year. Used cars and…

NAA Inflation Tracker: September 2021

September, 2021 | Updated May, 2022

CPI, Latest Release, August 2021, 5.2% The Consumer Price Index (CPI) rose 5.2% on a year-over-year basis, while prices excluding food and energy (core CPI) rose 4.0%, lower than the prior two months. On a monthly basis, CPI and core CPI recorded their slowest pace of growth in 7 and 6 months,…