Calculated Danger: YoY Measures of Inflation: Providers, Items and Shelter

by Calculated Danger on 11/13/2024 08:52:00 AM

Listed below are just a few measures of inflation:

The primary graph is the one Fed Chair Powell had talked about when providers much less hire of shelter was up round 8% year-over-year.  This declined, however continues to be elevated, and is now up 4.5% YoY.

Click on on graph for bigger picture.

This graph reveals the YoY value change for Providers and Providers much less hire of shelter via September 2024.

The second graph reveals that items costs began to extend year-over-year (YoY) in 2020 and accelerated in 2021 on account of each sturdy demand and provide chain disruptions.

Durables had been at -2.5% YoY as of October 2024, up from -2.9% YoY in September.

Commodities much less meals and vitality commodities had been at -1.2% YoY in October, unchnaged from -1.2% YoY in September.

Here’s a graph of the year-over-year change in shelter from the CPI report (via October) and housing from the PCE report (via September)

Shelter was up 4.9% year-over-year in October, up from 4.8% in September. Housing (PCE) was up 5.1% YoY in September, down from 5.3% in August.

The BLS famous this morning: “The index for shelter rose 0.4 percent in October, accounting for over half of the monthly all items increase.”

That is nonetheless catching up with non-public knowledge.

Core CPI ex-shelter was up 2.0% YoY in October.