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Economic Data (USA)

Wednesday, May 17, 2006

Consumer Price Index (CPI) for April, 2006

The Consumer Price Index (CPI) numbers for April, 2006 were released by The U.S. Department of Labor's Bureau of Labor Statistics this morning:

Consensus: +0.6%
Actual: +0.6%

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

Consensus: +0.2%
Actual: +0.3%

The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.

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.

General categories are:

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

Click here to view the full Labor Department report

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