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Treasury prices slip after fast CPI report

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  • SivBum
    , contributor
    Comments (2029) | Send Message
     
    And the stuffs that we need like gas for transportation to work and food for kids shot sky high:

     

    The Consumer Price Index for All Urban Consumers (CPI-U) increased
    0.4 percent in May on a seasonally adjusted basis, the U.S. Bureau
    of Labor Statistics reported today. Over the last 12 months, the all
    items index increased 2.1 percent before seasonal adjustment.

     

    The seasonally adjusted increase in the all items index, which was
    the largest since February 2013, was broad-based. The indexes for
    shelter, electricity, food, airline fares, and gasoline were among
    those that contributed. The food index posted its largest increase
    since August 2011, with the index for food at home rising 0.7 percent.
    The increases in the electricity and gasoline indexes led to a 0.9
    percent rise in the energy index.

     

    The index for all items less food and energy rose 0.3 percent in May,
    its largest increase since August 2011. Along with the indexes for
    shelter and airline fares, the medical care, apparel, and new vehicle
    indexes all increased in May. The indexes for household furnishings
    and operations and for used cars and trucks declined.

     

    The all items index increased 2.1 percent over the last 12 months;
    this compares to a 2.0 percent increase for the 12 months ending April,
    and is the largest 12-month increase since October 2012. The index for
    all items less food and energy has increased 2.0 percent over the last
    12 months. The food index has advanced 2.5 percent over the span, its
    largest 12-month increase since June 2012.
    17 Jun 2014, 09:01 AM Reply Like
  • leopardtrader
    , contributor
    Comments (1776) | Send Message
     
    Good news on inflation front. Even better news on housing. Who needs an over-heated housing market right now. See issues in Canada, UK and New Zealand now. Those CBs are applying prudential measures to cool housing. USA housing looks in better shape to me. Slow and steady
    17 Jun 2014, 09:08 AM Reply Like
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