Consumer Price Index (CPI) for October 2021
Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for October 2021:
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The above, yellow-highlighted figures represent the seasonally unadjusted, 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 "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
General categories that constitute the CPI are:
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CPI During October 2021: 276.589
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Predicted: +0.3%
Actual: +0.831% (+2.279 points)
- Change From 12 Months Previous: +6.222% (+16.201 points)
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The above, yellow-highlighted figures represent the seasonally unadjusted, 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 "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
General categories that constitute the CPI are:
- Healthcare
- Housing
- Clothing
- Communications
- Education
- Transportation
- Food and Beverages
- Recreation
- Miscellaneous Goods and Services (grooming expenses, etc.)
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CHART: Consumer Price Index (CPI) 12 Month Percentage Change October 2021 Update |
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CPI During September 2021: 274.310
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Labels: consumer_price_index, consumers, Coronavirus, COVID-19, COVID19, cpi, disinflation, hard_data, inflation, Pandemic
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posted by Steve Brown | 11/10/2021 08:54:00 PM
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