Gasoline Prices

January 21, 2021 Gasoline prices at the retail level rose $0.67 in the week ending January 18 to $2.38 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.13.  The EIA expect gasoline prices to average $2.40 per...

Consumer Price Index

January 13, 2021 The CPI rose 0.4% in December after having risen 0.2% in November.  It rose1.3% in 2020. Food prices rebounded by 0.3% in December after having fallen 0.1% in November.     In the past year food prices have risen 3.8%. Energy prices jumped 4.0% in...

Gross Domestic Purchases Deflator

December 22, 2020 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...

Producer Price Index

December 11, 2020 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 0.1% in...

Employment Cost Index

October 30, 2020 The employment cost index for civilian workers climbed at a 2.0% rate in the third quarter after having risen at a 2.0% pace in the second quarter.   Over the course of the past year it has risen 2.5%. With the unemployment rate having climbed to...