Consumer price index remains elevated, and so do jobless claims/continuing claims. Futures turned down on the news. Oil is currently around $116.30.
JUL CONSUMER PRICE INDEX M/M: 0.8% V 0.4%E; CPI EX FOOD_ENERGY M/M: 0.3% V 0.2%E; CPI NSA: 219.96 V 219.075
- CPI y/y: 5.6% v 5.1%e
- Core CPI Y/Y: 2.5% v 2.4%eINITIAL JOBLESS CLAIMS: 450K V 435KE; CONTINUING CLAIMS: 3.417M V 3.310ME
- Prior Initial Claims revised from 455K to 460K
- Prior Continuing Claims revised from 3.311M to 3.303M
Recent Posts:
- Taxpayers to the Rescue of Afghanistan Banking Crisis?
- Economic Data and Earnings Schedule for September 2 2010
- Christina Romer Makes a Final Recommendation Before Leaving To Teach Keynesian Economics
- Homebuilder Hovnanian (HOV) Reports Dismal Quarter
- Auto Sales Data for August 2010
- Stock Market Rewind – September 1, 2010
More on this topic
(What's this?)
Consumer Price Index (CPI)
(Investing School, 8/20/10)
“AGFLATION” COMING TO THE USA?
(THE PRAGMATIC CAPITALIST, 8/16/10)
Jobless Claims Rise to 472,000
(Expected Returns, 7/1/10)
