Producer Price Index

July 14, 2021 The Producer Price Index for final demand  includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand rose 1.0% in June...

Consumer Price Index

July 13, 2021 The CPI jumped 0.9% in June after climbing 0.6% in May, 0.8% in April, and 0.6% in March.  It rose 1.3% in 2020, and the year-over-year increase currently is 5.3%. Food prices rose 0.8% in June after climbing 0.4% in both April and May.     In the past...

Gross Domestic Purchases Deflator

June 24, 2021 There are many different deflators that are available.  This one is for gross domestic purchases which measures prices paid by U.S. residents.  It is the one measure of inflation that the Commerce Department talks about when it releases the GDP report.  ...

Gasoline Prices

June 17, 2021 Gasoline prices rose  $0.03 in the week ending June 14 .to $3.07 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.82.  The EIA expect gasoline prices nationally to average $2.77 per gallon this...

Employment Cost Index

April 30, 2021 The employment cost index for civilian workers climbed at a 3.7% rate in the first quarter after having risen 2.8% in the fourth quarter.   Over the course of the past year it has risen 2.6%.  The increase was led by the wage component. With the...