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.
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.
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%.
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.
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.
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%.
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.
The Consumer Price Index decreased by -0.1% for December as energy prices declined. Gasoline alone decreased -3.9% for the month. Inflation without food or energy prices considered increased 0.1% for the month. From a year ago overall CPI has increased 0.7%, which is very tame and the second slowest rate in 50 years.
The November 2015 Retail Sales report shows retail sales increased 0.2% for the month as auto sales slid by -0.6% and gasoline sales declined -0.8%. Without autos & parts sales, retail sales increased 0.4%.
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