CPI Increases.
Consumer Price Index (August 2016)
– CPI month/month +0.2%. Previous was +0.0%
– CPI year/year +1.1%. Previous was +0.8%
– CPI core (less food & energy) month/month +0.3%. Previous was +0.1%
– CPI core (less food & energy) year/year +2.3%. Previous was +2.2%
CPI increased in August but I believe we will start to see it slow down in the 4thQ.
Consumer Sentiment (September 2016)
– Sentiment Index 89.8. Previous was 89.8
This is The University of Michigan’s Sentiment Index. It is supposed to measure consumer spending in the next 90 days.