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US Consumer Price Index up 4.2%

bls.gov

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Re: US Consumer Price Index up 4.2%

#81

Post by arrrg »

23ahgfqa wrote: post #10

The Iran conflict will continue on a low flame (occasional pinpricks like now) forever. It serves the US Energy Dominance Agenda against China, Japan, India and the EU. The Trump administration does not care about "its" population. There were already rumors early in the Trump term that Trump would not mind a recession so that his real estate cronies could buy cheap foreclosures. So it is all a double win for the olig…

That doesn’t make sense. In the medium term this will strengthen efforts in China, Japan, India and the EU to move away from fossil fuel dependence much more quickly.

Re: US Consumer Price Index up 4.2%

#82

Post by hadlock »

embedding-shape wrote: post #75
compumike wrote: post #21

Here are some N-year rolling total inflation charts to put this datapoint in a longer-term perspective: https://totalrealreturns.com/inflation . Zooming out always smooths the noise.

> Prices are up +4.25% in the past year, and +24.49% in the past 5 years, according to the latest CPI data released Jun. 10, 2026. The price level has approximately doubled (2.01x) today compared to August 1999. Not knowing if that's good/bad, as it is without any frame of reference, so the same data for Spain looks something like this: Prices up +3.2% in the past year, up +22.4% in the past 5 years. Compared to 1999…

2% is good, anything over 3% is not good, anything over 4% is bad, 5% and higher is really bad. Hope that clears things up for you.

Re: US Consumer Price Index up 4.2%

#84

Post by JumpCrisscross »

jakobnissen wrote: post #83
bs7280 wrote: post #76

Remember this is the number the Government is measuring and reporting. The "real" inflation that every day people feel in their wallet is significantly higher.

Why is the government measured inflation not the same as real inflation?

Because people can’t internalize regional variance. So since the beginning of time, it’s not noticed when the national number is higher and fraud when it’s lower.

Re: US Consumer Price Index up 4.2%

#85

Post by arjie »

tharmas wrote: post #38
tananaev wrote: post #5

All of the increase is from energy. Oil prices.

Some businesses use that as cover to increase prices even when their costs may not have actually been affected by the price of energy. Never waste an opportunity to put the big squeeze on. Steadily rising prices will be the norm from now on. What will be interesting to see is how fast the corporate elite figure they can boil the frogs without them noticing too much. $50.00 hotdog is coming.

Is this of any significance? I would imagine most people are like me: we shop based on quality and price and where we want something on that curve. Whether someone raises the price on me “because of inflation” or “because we want to make more money” is indistinguishable.

A rationale for the price rarely affects my choice. If I don’t want to buy something for a price, explaining that the guy won’t be able to survive without pricing it that high won’t get me to buy it. If I do want to buy something for a price, explaining that a guy is charging a hefty profit won’t get me to not buy it.

The only thing that will get me to buy it or not buy it is if it is at the point on the price/quality frontier where I want it.

Re: US Consumer Price Index up 4.2%

#86

Post by loudmax »

23ahgfqa wrote: post #10

The Iran conflict will continue on a low flame (occasional pinpricks like now) forever. It serves the US Energy Dominance Agenda against China, Japan, India and the EU. The Trump administration does not care about "its" population. There were already rumors early in the Trump term that Trump would not mind a recession so that his real estate cronies could buy cheap foreclosures. So it is all a double win for the olig…

That is ascribing far too much strategic thinking to this administration. They're just not capable of the kind of planning and foresight that would require.

The administration's planning is much more along the lines of, Will this look cool when they announce it on Fox News tomorrow? If you think there's much beyond that, you're ascribing strategic clarity where there isn't any. They're continue to flail around and TACO until they have a result they can present to MAGA loyalists as a success, regardless of actual merits.

It's not a question of ethics. It's a question of competence.

Re: US Consumer Price Index up 4.2%

#87

Post by sokoloff »

bluGill wrote: post #53
JumpCrisscross wrote: post #43

Earlier quoted context omitted.

> 4.2% is what you need to stay even On average, nationally. Look up your state or metropolitan-area CPI. Or better yet, track your actual expenses and project forward.

True, but how inflation affects each person is different. This isn't a good measure, but it is the best we have, and usually close enough to the truth.

I agree it’s not a perfect measure, but I conclude “it is the best we have, and usually close enough to the truth” makes it a good measure.

Re: US Consumer Price Index up 4.2%

#88

Post by ortusdux »

AnimalMuppet wrote: post #32
ortusdux wrote: post #23

The worst part of this report is my diminished faith in the numbers.

Could you explain? What about this report pushes you toward not believing the numbers?

It's more the messenger than the message. Or in this case the people funding and staffing the messenger, and who desperately need this number to be as low as possible.

Re: US Consumer Price Index up 4.2%

#89

Post by eatsyourtacos »

jakobnissen wrote: post #83
bs7280 wrote: post #76

Remember this is the number the Government is measuring and reporting. The "real" inflation that every day people feel in their wallet is significantly higher.

Why is the government measured inflation not the same as real inflation?

Because they basically pick and choose what's in there.

If you sat down and did the math on what it costs someone to pay rent / mortgage, car insurance, health insurance, daycare, schooling, going out to eat and drink, doing anything for entertainment, go to the grocery store.. it's not a debate that the real inflation is significantly higher all the time than what is used to measure the number.

Re: US Consumer Price Index up 4.2%

#90

Post by sokoloff »

twoodfin wrote: post #72
VirusNewbie wrote: post #54

Earlier quoted context omitted.

This is why it's important to get paid in stock. I get an automatic extra 100k a year if inflation runs hot!

What advantages does that have over taking your paycheck 100% in cash and investing in index funds?

In most cases, you are granted a notional dollar amount that is immediately turned into a concrete and fixed number of shares that then vest over the next 4 years.

Then, any share price appreciation on the shares is captured by you at vesting, rather than being paid in cash (the value of which has been inflated away) and then purchasing shares/index that has risen in the last 1-4 years.

If you are paid in cash, you will be buying fewer shares per dollar (and per year) rather than getting the same number.

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