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CPI Details: Where the costs are rising

The Consumer Price Index, a measure of the average price level of a basket of consumer goods and services, was up 0.4% for the month of August, while the core CPI rate, excluding energy and food, rose 0.1%. On a year-over-year basis, consumer prices were down 1.4%.

Here is a breakdown of the inflation benchmark to show you where costs are rising most.

  • CPI: Up +.4%
    • Ex Food & Energy: Up +.1%
    • Food: Up +.1%
    • Energy: Up +4.6%
  • Housing: Up +.1%
  • Apparel: Down -.1%
  • Transportation: Up +2.3%
  • Medical Care: Up +.3%
  • Recreation: Up +.1%
  • Education & Communication: Up +.2%
  • Other Goods & Svcs: Up +.1%

The change in core CPI figures show that at least for now, inflation is not an issue. Following the news, the futures remained pointing up this morning. In the pre-markets, Alcoa , DuPont , General Electric , Home Depot , and Boeing are leading the Dow, all up over 1%.

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