CPI 0.4% increase

[argadorn]

7 minutes ago, Hitman said:

9 minutes ago, argadorn said:

 e inflation control cheyalii ఒకటే మార్గమ్ JOB మర్కెట్ ని పడెయాలి 

Emo man clear ga telusthundhi 40 percnet up prices … home unna call adhi oka problem leni valladhi oka problem … Costco lo same items ki 80 to 90 avuthundey eppudu 140 avuthundhi weekly 

[Pahelwan2]

8 minutes ago, veerigadu said:

Corporate taxes penchitheee set ayithadhiiii...Companies have a lot of profits and liquid cash now. Dump reduced it from 32 to 21% for no phuckin reason. Taxes penchaliiii interest rates penchitheee even lay man will be affected....cars loans and personal loans dorkav inkaaa

UK reversed tax cuts today and I think US will follow the same. That’s the only hope for the market otherwise gone case. 

[AnandaVivek]

Assaaammm!!!

train ekkandi..ride bumpy expected

[futureofandhra]

9 minutes ago, Pahelwan2 said:

UK reversed tax cuts today and I think US will follow the same. That’s the only hope for the market otherwise gone case. 

us lo passing bill no way

[Pandubabu]

1 hour ago, dasari4kntr said:

https://www.bls.gov/news.release/cpi.nr0.htm

CONSUMER PRICE INDEX - SEPTEMBER 2022

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a
seasonally adjusted basis after rising 0.1 percent in August, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index increased 8.2 percent before seasonal
adjustment.

Increases in the shelter, food, and medical care indexes were the largest of many contributors to
the monthly seasonally adjusted all items increase. These increases were partly offset by a
4.9-percent decline in the gasoline index. The food index continued to rise, increasing 0.8 percent
over the month as the food at home index rose 0.7 percent. The energy index fell 2.1 percent over
the month as the gasoline index declined, but the natural gas and electricity indexes increased.

The index for all items less food and energy rose 0.6 percent in September, as it did in August. The
indexes for shelter, medical care, motor vehicle insurance, new vehicles, household furnishings and
operations, and education were among those that increased over the month. There were some indexes
that declined in September, including those for used cars and trucks, apparel, and communication.

The all items index increased 8.2 percent for the 12 months ending September, a slightly smaller
figure than the 8.3-percent increase for the period ending August. The all items less food and
energy index rose 6.6 percent over the last 12 months. The energy index increased 19.8 percent for
the 12 months ending September, a smaller increase than the 23.8-percent increase for the period 
ending August. The food index increased 11.2 percent over the last year. 

Torch light vesi vethikina good news ledhu

[AnandaVivek]

Just now, Pandubabu said:

Torch light vesi vethikina good news ledhu

Adenti..house prices crash ayithe good news ee kada..

[veerigadu]

3 minutes ago, AnandaVivek said:

Adenti..house prices crash ayithe good news ee kada..

nee narrow mindset kiii oka dandammm vaaa...Andaruuu nee home meedha yesdusthunnaruuuu ani bathikeee silly fellow laaa unnaveeee. Grow up. Ila ayithee kastammmm

[Pandubabu]

21 minutes ago, veerigadu said:

Remember Oct 13th 2022. 

Inka housing market ki count down starts. Fed is focussing on inflation and housing is primary contributor.  Inkaaa valluuu vadalaruuuu housing niiiii

Fed will do anything in its capacity to modda kudupu housing.. 

[dasari4kntr]

Inflation Sits at 8.2% as Core Prices Hit Four-Decade High

Consumer-price index’s rise eased slightly in September but core index marked biggest increase since 1982

U.S. con­sumer in­fla­tion ex­clud­ing en­ergy and food ac­cel­er­ated to a new four-decade high in Sep­tember as prices con­tin­ued to surge, a sign that per­sis­tent cost in­creases are be­com­ing en­trenched in the econ­omy.

The La­bor De­part­ment on Thurs­day said that the so-called core mea­sure of the con­sumer price in­dex—which ex­cludes volatile en­ergy and food prices—gained 6.6% in Sep­tember from a year ear­lier, up from 6.3% in Au­gust. That marked the big­gest in­crease since Au­gust 1982.

On a monthly ba­sis, the core CPI rose 0.6% in Sep­tember, the same as in Au­gust, and up from 0.3% in July. In­vestors and pol­icy mak­ers fol­low core in­fla­tion closely as a re­flec­tion of broad, un­der­ly­ing in­fla­tion and as a pre­dic­tor of fu­ture in­fla­tion.

The over­all CPI in­creased 8.2% in Sep­tember from the same month a year ago, down from 8.3% in Au­gust. That was also lower than an­nual in­creases of 8.5% in July and 9.1% in June, which was the high­est in­fla­tion rate in four decades. The CPI mea­sures what con­sumers pay for goods and ser­vices.

The re­treat of over­all in­fla­tion from the June high came as gaso­line prices cooled. But prices for hous­ing, med­ical care, food and other items have con­tin­ued to in­crease, threat­en­ing to keep in­fla­tion higher for longer.

Hous­ing costs rose by the most since the early 1980s, as a strong la­bor mar­ket con­tin­ues to push up rental rates. Hous­ing makes up the largest share of the over­all and core in­dexes.

Prices for used cars and ap­parel cooled in Sep­tember, of­fer­ing lim­ited re­lief to con­sumers from high in­fla­tion.

“In­fla­tion has built up a lot of mo­men­tum over the last year,” said Bill Adams, chief econ­omist at Com­er­ica Bank. “That’s go­ing to keep in­fla­tion higher than the Fed­eral Re­serve wants it for at least a cou­ple more months—if not a cou­ple more quar­ters.”

The So­cial Se­cu­rity Ad­min­is­tra­tion sep­a­rately an­nounced Thurs­day that So­cial Se­cu­rity ben­e­fits would in­crease by 8.7% in 2023. The boost, cal­cu­lated from the Sep­tember CPI, is the high­est in four decades.

In­fla­tion ac­cel­er­ated last year as the U.S. econ­omy re­cov­ered from the Covid-19 pan­demic. Prices rose as strong con­sumer de­mand—stoked by lower in­ter­est rates and gov­ern­ment stim­u­lus—col­lided with con­strained sup­ply chains and pan­demic-re­lated short­ages. Rus­sia’s in­va­sion of Ukraine this year fur­ther spurred in­fla­tion world­wide, hit­ting food, en­ergy and other com­mod­ity prices.

The Fed is ag­gres­sively rais­ing in­ter­est rates to slow price in­creases. Of­fi­cials at the Fed’s Sep­tember pol­icy meet­ing ex­pressed con­cern about the per­sis­tence of high in­fla­tion, min­utes pub­lished this week showed.

Of­fi­cials last month raised the bench­mark fed­eral-funds rate by 0.75 per­cent­age point—their fifth in­crease since March—bring­ing it to a range be­tween 3% and 3.25%, the most rapid pace of rate in­creases since the early 1980s.

Fed Chair­man Jerome Pow­ell said in late Sep­tember that the cen­tral bank would con­tinue to lift in­ter­est rates and keep them high un­til it is cer­tain that in­fla­tion has been tamed.

Mean­while, global de­vel­op­ments have added un­cer­tainty to the task.

“You don’t get in­fla­tion like this with­out a lot of things go­ing wrong,” said Michael Gapen, an econ­omist at Bank of Amer­ica. “Maybe the bumper sticker is: It’s not just up to the Fed to bring in­fla­tion down. We ex­pect help from other ar­eas in­clud­ing global com­mod­ity mar­kets and a re­ver­sal in the rel­a­tive shock to core goods prices.”

While gaso­line prices fell in Sep­tember, they have crept up as the Or­ga­ni­za­tion of the Pe­troleum Ex­port­ing Coun­tries and its Rus­sia-led al­lies an­nounced pro­duc­tion cuts. The av­er­age price of reg­u­lar un­leaded gaso­line was $3.92 a gal­lon, still more than $1 a gal­lon cheaper than in mid-June, ac­cord­ing to AAA/OPIS.

There are signs that pres­sures cre­ated by sup­ply-chain dis­rup­tions could be sub­sid­ing, which should help slow price in­creases for goods. The pro­ducer-price in­dex for core goods held steady in Sep­tember from a month ear­lier, the first month with­out an in­crease since May 2020. A de­cel­er­a­tion in price gains for au­tos, fur­ni­ture and other goods is key to putting in­fla­tion on a steady down­trend, Mr. Gapen said.

Food prices have con­tin­ued to climb. Pro­ducer food prices jumped 1.2% in Sep­tember from Au­gust, af­ter ris­ing 0.1% dur­ing the prior month.

[SwamyRaRa]

Keep the flow flowing 

[veerigadu]

6 minutes ago, Pandubabu said:

Fed will do anything in its capacity to modda kudupu housing.. 

They dont have a choice ba. 

[dasari4kntr]

U.S. Dollar Index (DXY)Source: FactSet

May 2022Oct.97.5100.0102.5105.0107.5110.0112.5115.0

 

The dollar was rising after the latest U.S. inflation data exceeded forecasts, supporting the case for further aggressive interest-rate increases.

The DXY dollar index was recently up 0.4% to 113.74, from 112.820 beforehand.

The annual rate of consumer price inflation fell to 8.2% in September from 8.3%, but was above the 8.1% expected by economists surveyed by the Journal. Core inflation accelerated to 6.6% in September from 6.3% in August, above the 6.5% forecast.

"Until the Federal Reserve sees some evidence of slowing core inflation and bottoming of labor market indicators, such as rising unemployment or slowing job openings, it is unlikely to change course," HSBC's Willem Sels wrote.

 

[dasari4kntr]

@veerigadu for detailed break down …

 

 

Category12-month percent change, Sep 2022

All items

8.2%

Food

11.2%

Food at home

13.0%

Cereals and bakery products

16.2%

Meats, poultry, fish, and eggs

9.0%

Dairy and related products

15.9%

Fruits and vegetables

10.4%

Nonalcoholic beverages and beverage materials

12.9%

Other food at home

15.7%

Food away from home

8.5%

Full service meals and snacks

8.8%

Limited service meals and snacks

7.1%

Energy

19.8%

Energy commodities

19.7%

Fuel oil

58.1%

Gasoline (all types)

18.2%

Energy services

19.8%

Electricity

15.5%

Natural gas (piped)

33.1%

All items less food and energy

6.6%

Commodities less food and energy commodities

6.6%

Apparel

5.5%

New vehicles

9.4%

Used cars and trucks

7.2%

Medical care commodities

3.7%

Alcoholic beverages

4.1%

Tobacco and smoking products

8.2%

Services less energy services

6.7%

Shelter

6.6%

Rent of primary residence

7.2%

Owners' equivalent rent of residences

6.7%

Medical care services

6.5%

Physicians' services

1.8%

Hospital services

3.8%

Transportation services

14.6%

Motor vehicle maintenance and repair

11.1%

Motor vehicle insurance

10.3%

Airline fare

42.9%

[AnandaVivek]

21 minutes ago, veerigadu said:

nee narrow mindset kiii oka dandammm vaaa...Andaruuu nee home meedha yesdusthunnaruuuu ani bathikeee silly fellow laaa unnaveeee. Grow up. Ila ayithee kastammmm

U are mistaken baa…nenu manollantha illu konukkovalani hoping..I am also against steep gains in short term..who ever missed the boat should be able to fulfill their dream once house prices come down..right now house prices and interest rates are at a high..lot of folks left off

[sureshkonda]

jobs 50% pothe inflation will come down automatically.