gasoline

Retail Sales Show No Growth for July 2016

July 2016 retail sales were a real Wall Street let down as there was no change from June.  Gasoline sales plunged by -2.7%, yet most retailers had declining sales.  Auto sales and Amazon prime day were not enough to salvage overall retail sales.  Without autos & parts sales, retail sales would have dropped by -0.3% for the month.

Rent and Gas Raises CPI

The Consumer Price Index increased by 0.2% for May.  Gasoline alone increased another 2.3% for the month.  Inflation with food and energy price changes removed increased 0.2% with shelter and medical costs once again driving the increase.  From a year ago overall CPI has risen 1.0%.  Without energy and food considered, prices have increased 2.2% for the year.

CPI Shoots Up 0.4% As Gasoline, Medical, Food and Shelter Prices Rise

The Consumer Price Index ballooned up by 0.4% for April as energy prices jumped up 3.4%.  Gasoline alone really shot up, 8.1% for the month.  Inflation with food and energy price changes removed increased 0.2% with shelter and medical costs once again increasing.  From a year ago overall CPI has increased 1.1%.

Retail Sales Rev Their Engines With 1.3% Increase

April 2016 retail sales really popped up as auto sales roared.  Retail sales increased 1.3% for the month and auto dealers sales surged by 3.5%.  Without autos & parts sales, retail sales still had a great showing with a monthly 0.8% gain.  Gasoline station sales have also shot up as prices rose, a 2.2% increase for the month.

CPI Tame Again, Increases 0.1% for March

The Consumer Price Index increased 0.1% in March as energy prices increased for the first time since November.  Gasoline by itself increased 2.2% for the month.  Inflation without food or energy prices considered increased 0.1% with shelter and medical costs once again leading the charge.  From a year ago overall CPI has increased 0.9%, which is very low.

February Retail Sales Drop -0.1% On Plunging Gasoline Prices

The February 2016 Retail Sales report shows retail sales decreased -0.1% for the month as gasoline sales plunged by -4.4%.  Without autos & parts sales, retail sales still decreased by -0.1%.  Gasoline sales have dropped -15.6% from a year ago.  Declining gasoline sales are once again responsible for the disappointing figures, as without gas stations considered, retail sales increased by a modest 0.2%.

CPI Index Shows Overall Inflation Had No Change for January 2016

The Consumer Price Index had no change for January as energy prices declined once again.  Gasoline alone plunged by -4.8% for the month.  Inflation without food or energy prices considered increased 0.3% with shelter and medical costs leading the charge.  From a year ago overall CPI has increased 1.4%, which is double the annual rate of last month.

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