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Wednesday, February 13, 2019

BLS: CPI unchanged in January, Core CPI increased 0.2%

by Calculated Risk on 2/13/2019 08:38:00 AM

From the BLS:

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.6 percent before seasonal adjustment.
...
The index for all items less food and energy increased 0.2 percent in January for the fourth consecutive month.
..
The all items index increased 1.6 percent for the 12 months ending January, the smallest increase since the period ending June 2017. The index for all items less food and energy rose 2.2 percent over the last 12 months, the same increase as the 12 months ending November and December 2018.
emphasis added
I'll post a graph later today after the Cleveland Fed releases the median and trimmed-mean CPI.