Michael Bruce’s Post

Inflation numbers for April have been released with the Consumer Price Index rising 2.7% for the month, down from the 2.9% gain in March. While gasoline prices rose at a faster pace in April (+6.1%), the remainder of the Index slowed to 2.5% compared to the 2.8% in March. The positive news for consumers was food prices which grew at a much slower pace of 1.4%, continuing the ongoing trend of greater deceleration in grocery prices.   #seaglasswealth #moneymonday #CPI #intheknow https://lnkd.in/gmbVgAvN

Inflation numbers for April have been released with the Consumer Price Index rising 2.7% for the month, down from the 2.9% gain in March. While gasoline prices rose at a faster pace in April (+6.1%), the remainder of the Index slowed to 2.5% compared to the 2.8% in March. The positive news for consumers was food prices which grew at a much slower pace of 1.4%, continuing the ongoing trend of greater deceleration in grocery prices.   #seaglasswealth #moneymonday #CPI #intheknow https://lnkd.in/gw2-b4c4

Inflation numbers for April have been released with the Consumer Price Index rising 2.7% for the month, down from the 2.9% gain in March. While gasoline prices rose at a faster pace in April (+6.1%), the remainder of the Index slowed to 2.5% compared to the 2.8% in March. The positive news for consumers was food prices which grew at a much slower pace of 1.4%, continuing the ongoing trend of greater deceleration in grocery prices.   #seaglasswealth #moneymonday #CPI #intheknow https://lnkd.in/dGSNkPQj

Inflation numbers for April have been released with the Consumer Price Index rising 2.7% for the month, down from the 2.9% gain in March. While gasoline prices rose at a faster pace in April (+6.1%), the remainder of the Index slowed to 2.5% compared to the 2.8% in March. The positive news for consumers was food prices which grew at a much slower pace of 1.4%, continuing the ongoing trend of greater deceleration in grocery prices.   #seaglasswealth #moneymonday #CPI #intheknow https://lnkd.in/gbHpQjJX

🎉 Good news came yesterday with July’s Consumer Price Index report: All-item inflation is now under 3% — the lowest level since March 2021. The clear decline in prices toward the 2% target makes it more likely the Federal Reserve will soon cut interest rates for the first time since rates increased in March 2022. That said, Upside data shows persisting cross-shopping behavior, even for grocery and gasoline with below-average inflation. This means retailers have to do more than just hold prices steady in order to win over today’s uncommitted consumer. (Watch for our full report on this, coming soon!) Here are the numbers: Month-over-month changes: 📈 Total inflation: 0.2% ⛽ Gas (all types): 0.0% 🛒 Food at home: 0.1% 🍔 Food away from home: 0.2% Year-over-year changes 📈 Total inflation: 2.9% ⛽ Gas (all types): -2.2% 🛒 Food at home: 1.1% 🍔 Food away from home: 4.1% Thomas Weinandy shared more thoughts here: https://bit.ly/3X4Jv9L

Inflation declines in June for the 1st time since 2020; grocery prices relatively flat. Food-at-home prices up 0.1% monthly, and 1.1% for the full year http://ow.ly/NJi8105AjUQ

Retail Inflation Drops to 5.48% in November : Food Prices Show Notable Decline 🍏📉 Retail inflation has eased to 5.48% in November, down by 0.73% from October's 6.21%. This drop is mainly attributed to a reduction in food prices, which significantly impact the inflation basket (about 50%). Key Highlights: Urban inflation : Decreased from 5.62% to 4.83% Rural inflation : Decreased from 6.68% to 5.95% Food inflation : Dropped from 10.87% to 9.04% Why Does Inflation Matter? Inflation affects our purchasing power. For instance, with a 6% inflation rate, Rs 100 today would only have the value of Rs 94 tomorrow. To protect your wealth, it's important to invest while considering inflation. 💰 What Drives Inflation? Inflation fluctuates based on supply and demand. If demand outpaces supply, prices rise. More money in circulation often leads to higher demand and thus higher prices. Inflation & CPI : The Consumer Price Index (CPI) tracks price changes of around 300 goods and services. It helps determine the cost of living and guides inflation trends, alongside other factors like oil prices and production costs. #RetailInflation #CPI #FoodPrices #InflationImpact #InvestSmart #EconomyUpdate #FinancialPlanning #IndiaEconomy #PriceTrends 📊

📉 Retail inflation at 1-year low of 4.75% in May on cheaper staples 📉 🔹 Retail inflation has dropped to a one-year low of 4.75% in May, driven by a decline in prices of essential kitchen staples. 🔹 The Consumer Price Index (CPI) for retail inflation was 4.83% in April and 4.31% in May 2023. 🔹 Industrial growth, however, saw a slip, with the Index of Industrial Production (IIP) falling to a three-month low of 5% in April from 5.4% in April 2023. 🌾 Veggie prices down, pulses up 🌾 🔸 Vegetable inflation dropped due to higher cereal and pulse prices. 🔸 Food inflation eased to 3.4 percentage points, and core inflation (excluding food and fuel) eased to 3% in May from 3.2% in April. 🔍 Key insights: Food Inflation: Significant contributors include vegetables and pulses, with the government's measures expected to keep prices in check. Core Inflation: Expected to rise from Q2 FY25, driven by higher core CPI. Future Projections: Inflation expected to average 4.8%, with the RBI likely to cut policy interest rates in H2 FY25 if food inflation moderates. 🔹 Industrial Sector: The manufacturing sector remains subdued, while mining and power segments perform well. The broader industrial performance saw a decline, reflecting challenges in the manufacturing sector. Stay informed on economic trends to make better business decisions! 📊 #Economy #Inflation #IndustrialGrowth #CPI #EconomicTrends #BusinessUpdate

Understanding today's inflation report: While consumer prices rose 2.7% from last year, we're seeing interesting shifts across the economy. Housing costs, which have been a major driver of inflation, posted their smallest increase since 2021. Food prices are showing mixed signals—overall costs rose 0.4%, but cereals and bakery products saw their biggest monthly drop since 1989. What does this mean for consumers? While inflation remains above the Fed's 2% target, certain everyday expenses are starting to stabilize. Your purchasing power is gradually strengthening in specific areas. 💼 https://lnkd.in/eM_Yr6Rp

Annual consumer price inflation for October was only 2.8%, down from 3.8% in September 2024. This is the lowest inflation since the height of the pandemic in June 2020, when the rate was 2.2%.