July Economic Indicators: CPI Down, Industrial Production Up

by: Casey Mulligan

Today we learned that the NSA (SA) CPI was down (up) a little in July, but still higher than it was in any month Nov - May. (Click to enlarge)

Industrial Production finally went up (see the chart below). Relative to the trend, that's a good sized increase. (Click to enlarge)

Capacity utilization (not shown) also went up.