January 2017 CPI

The January CPI was recently released and showed quite an acceleration in inflation. The year over year rate is now 2.52%.

Components comprising 78% of the index are up 3.26% year over year. The rest of the components are showing -0.15% inflation. For several months now, inflation is increasing across a broader weight of components.

Advertisements

Author: dmcnic

Educated as an economist, I now work as an Analytical Professional for a manufacturing firm. I have have a second job as a part-time lecturer at the University of Washington in Bothell. While all baseball interests me, the Mariners are my home town team. Married with one dog.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s