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August 14, 2024
US CONSUMER PRICE INDEX, JULY 2024

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 2.9% year-over-year in July 2024, this was down from a year-over-year pace of 3.0% in June.

Compared to July 2023, the US energy price index rose 1.1%. The food index ros…

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UK Consumer Price Index including owner-occupiers’ housing costs (CPIH) increased 3.1% year-over-year in July 2024, up from May and June (2.8% in both months). This is down from the recent peak in October 2022 (9.6%, the highest in 40 years).

The owner occupiers’ housing costs component accounts for 16% of the CPIH. It is the main driver for differences betw …

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The UK Office for National Statistics reported today that the unemployment rate for the three-month period April to June 2024 declined to 4.2%. This was unchanged from the same period a year ago.

There were 1.435 million unemployed people in the UK, 25,000 less than from a year earlier. Employment in the UK was at 33.094 million, 69,000 less comp…

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Monthly (seasonally adjusted, June 2024 vs May 2024)

Changes in monthly building permit values are typically very volatile, with large swings from one month to the next.                                                  &nb…

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