Consumer Price Index

June 10, 2021 The CPI rose 0.6% in May after having jumped 0.8% in April and 0.6% in March.  It rose1.3% in 2020, and the year-over-year increase currently is 4.9%. Food prices climbed 0.4% in both April and May.     In the past year food prices have risen 2.1%....

Gross Domestic Purchases Deflator

May 27, 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.  ...

Producer Price Index

May 13, 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 0.6% in April...

Gasoline Prices

May 12, 2021 Gasoline prices declined $0.07 in the week ending May 10 .to $2.96 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.71.  The EIA expect gasoline prices nationally to average $2.68 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...