The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
WASHINGTON DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose a less than expected, 0.1% in May, following a 0.2% increase in April, according to the U.S. Bureau of Labor Statistics. The report signals a continued cooling of inflation, with annual consumer price growth now at 2.4%, just above the Federal Reserve’s 2% target.
Continue reading May 2025 Inflation Update: Consumer Prices Rise Less Than Expected
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the staff of the Ridgewood blog
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.4 percent before seasonal adjustment.
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Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in January, after rising 0.4 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment.
Continue reading The Consumer Price Index Comes in Hot , Increasing 3% for the Past 12 Months
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the staff of the Ridgewood blog
Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in November, after rising 0.2 percent in each of the previous 4 months, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment. The index for shelter rose 0.3 percent in November, accounting for nearly forty percent of the monthly all items increase. The food index also increased over the month, rising 0.4 percent as the food at home index increased 0.5 percent and the food away from home index rose 0.3 percent. The energy index rose 0.2 percent over the month, after being unchanged in October. The index for all items less food and energy rose 0.3 percent in November, as it did in each of the previous 3 months. Indexes that increased in November include shelter, used cars and trucks, household furnishings and operations, medical care, new vehicles, and recreation. The index for communication was among the few major indexes that decreased over the month. The all items index rose 2.7 percent for the 12 months ending November, after rising 2.6 percent over the 12 months ending October. The all items less food and energy index rose 3.3 percent over the last 12 months. The energy index decreased 3.2 percent for the 12 months ending November. The food index increased 2.4 percent over the last year.
Continue reading Inflation Rate Ticks Up Slightly to 2.7% in November
the staff of the Ridgewood blog
Washington DC, (8:34am)the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, after increasing 0.4 percent in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment.
the staff of the Ridgewood blog
Ridgewood NJ, , the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported today.
Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment.
Continue reading Consumer Price Index Rose 0.2 Percent in July, Still Above Fed Target
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in June on a seasonally adjusted basis, after increasing 0.1 percent in May, the U.S. Bureau of Labor Statistics reported
today. Over the last 12 months, the all items index increased 3.0 percent before seasonal
adjustment.
Continue reading Consumer prices Continue to Cool , slowest annual rate since March 2021
the staff of the Ridgewood blog
Washington DC,(837am) the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today.
Continue reading Inflation Rose at a 4% annual rate, the Lowest in 2 years
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in April on a seasonally adjusted basis, after increasing 0.1 percent in March, the U.S. Bureau of Labor Statistics reported today.
Continue reading CPI Raises 4.9% Smallest 12-month Increase since April 2021
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in March on a seasonally adjusted basis, after increasing 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today.
Continue reading Inflation Still Hot but Continues to Decelerate
raising hopes for FED engineered “soft landing”
the staff of the Ridgewood blog
Washington DC, (8:33 am) the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by far the largest contributor to the monthly all items decrease, more than offsetting increases in shelter indexes.
Continue reading Consumer Price Index Falls 1% , Suggesting Further Deceleration in Inflation
7.7% Inflation rate mean prices double every 9.3 years
the staff of the Ridgewood
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.7 percent before seasonal adjustment.
Continue reading Consumer Prices Rose 0.4% in October Inflation Eases Slightly to 7.7 percent
the staff of the Ridgewood blog
Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today.
Continue reading Inflation rose 8.6% in May, the highest since 1981
the staff of the Ridgewood blog
Washington DC, The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis after rising 1.2 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3 percent before seasonal adjustment. Increases in the indexes for shelter, food, airline fares, and new vehicles were the largest contributors to the seasonally adjusted all items increase.
Continue reading Inflation Continues to Race Ahead at 8.3% in largest 12-month increase since 1981
the staff of the Ridgewood blog
Ridgewood NJ, New Jersey’s minimum hourly wage will go up by $1 to $12 per hour, for most employees, on January 1, 2021, the state Department of Labor and Workforce Development (NJDOL) announced today.
Continue reading NJ Minimum Wage to Rise to $12/Hour for Most Employees on January 1st