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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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