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Economy

Economic Data (USA)

Saturday, January 21, 2006

Consumer Price Index (CPI) for December 2005

The Consumer Price Index numbers for December 2005 are out:

Consensus: 0.1%
Actual: -0.1%

Here are the numbers when food and energy are subtracted from the equation:

Consensus: 0.2%
Actual: 0.2%

The above numbers represent the month-to-month change in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country. The "consensus" is what economists were expecting, and the "actual" is...well...the actual figure. General categories are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food & Beverages
  • Recreation
  • Miscellaneous Goods & Services (grooming expenses, etc.)


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1 Comments:

Blogger o_0 said...

i stumbled upon your blog completely by accident and im glad i did! im studying the stock market and planning to invest (im only 21) and im glad that your blog explains some terms (such as the CPI). hope more tidbits of explanations come with future figures! thanks and more power!

Tuesday, January 24, 2006 1:28:00 PM  

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