Consumer prices rose 3.5% from a year ago in March, more than expected

[progree]

4. Graphs: *CORE* CPI month by month and rolling 3 month average. EDIT: and regular CPI. And PCE core and regular

Last edited Wed Apr 10, 2024, 07:35 PM - Edit history (3)

I'll add some words later, but for now, the CORE CPI - which the Fed and most economists view as a better basis for projecting *FUTURE* inflation than the regular CPI. (The regular CPI aka "headline" CPI has all the components; the CORE CPI is that less food and energy because they are very volatile from month to month -- well energy certainly is). Anyway, if trying to figure out what the Fed might do, the core CPI is what they look at (actually the core PCE which came out at the end of March is what they put the most weight on). Blah blah

ETA: these are calculated from the actual index values, not from the rounded percent changes
http://data.bls.gov/timeseries/CUSR0000SA0L1E



ETA: The Regular aka Headline CPI
https://data.bls.gov/timeseries/CUSR0000SA0



ETA: CORE PCE through February that came out 3/29/24
CORE PCE: https://fred.stlouisfed.org/series/PCEPILFE

This is the one that the Fed weighs most heavily. The Fed weigh the PCE more heavily than the CPI. And in both cases, they weigh the CORE measures higher than the regular headline measures



ETA: Regular PCE through February that came out 3/29/24
PCE: https://fred.stlouisfed.org/series/PCEPI


ETA: Added links to the CORE PCE and the PCE data
ETA: Added link to the regular CPI.