Posts Tagged CPI
April Consumer Price Inflation At -0.1%
Posted by Belisarius in U.S. Economic Data on May 19, 2010
Consumer price inflation for April was reported at -0.1%, vs. consensus of 0.1%. The prior reading was 0.1%. The core inflation was at 0%, vs. prior reading of 0.0% and consensus of 0.1%.
A hint of deflation.
Chart 1. U.S. Consumer Price Inflation
Source: BLS
CPI For March At 0.1%
Posted by Belisarius in U.S. Economic Data on April 15, 2010
Consumer price inflation for March was reported at 0.2%, right at the consensus. The prior reading was 0%. The core inflation was at 0%, vs. prior reading and consensus at 0.1%.
No inflation, nor any hint of it.
Chart 1. Consumer Price Inflation
Source: BLS
When I Was Away
Posted by Belisarius in Markets on January 18, 2010
I was away from the computer and away from the markets, so let me recap most important developments.
- MBA purchase applications were up 0.8% vs. 3.6% the week before.
- Retail sales in December disappointed coming out at -0.3% vs. 0.4% consensus and 1.3% in November.
- Initial jobless claims edged up reaching 444.000 vs. 437.000 consensus and 434.000 the week before.
- Business inventories rose 0.4% in November vs. o.2% consensus and 0.2% in October.
- CPI for December came right at the consensus of 0.1% vs. 0.4% in November.
- Industrial production for December also right at the consensus of 0.6% vs. 0.8% in November.
Citgroup Equity Offering Becoming A Correction Catalyst?
Posted by Belisarius in Markets, U.S. Housing on December 17, 2009
Asia closed negative today, Europe is trading also negative -0.5% on average.
After I started began to doubt my calls on TARP repayments as a potential correction catalyst the Citigroup equity offering has turn out to be full blown fiasco. The offering was priced yesterday at $3.15 per share, a 20+ percent lower the share was trading before the offering announcement. Treasury delayed sale of its stake because the $3.15 per share price is 10% lower from the price the Treasury acquired its stake. Bloomberg story: U.S. Delays Sale of Citigroup Stake as Shares Sell at Discount.
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