Beneath the Skin of CPI Inflation: Services Inflation Bounces Back, No Signs yet of Tariffs Getting Passed to Consumers by Wolf Richter • May 13, 2025 • 59 Comments Inflation in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars. But prices of apparel & shoes fell.
I’ve Been Screaming about Rising Used-Vehicle Prices since Aug 2024 (and No One Paid Attention) but Suddenly It’s the Tariffs? by Wolf Richter • May 7, 2025 • 75 Comments The issue has been tight used-vehicle inventory due to reduced influx of 2021/2022 model years after the new-vehicle shortages at the time.
NY Fed’s “Multivariate Core Trend” Inflation Measure Hits 3.0%, Worst in Over a Year, Predicts Acceleration of PCE Price Index by Wolf Richter • May 5, 2025 • 93 Comments Driven largely by non-housing services. Just in time for the Fed meeting.
Inflation Is in the Revisions? What Stands Out Once Again in the PCE Price Index? Sharp Up-Revisions of Prior Month’s Inflation by Wolf Richter • Apr 30, 2025 • 66 Comments Up-revisions pushed the 12-month core PCE price index for February to +3.0%, and the 6-month to +3.4%, worst since July 2023. But March was benign?
PPI Pushed into Negative by Dropping Prices of Many Goods and Services by Wolf Richter • Apr 11, 2025 • 85 Comments The Producer Price Index is where tariffs will show up first, whether or not companies can pass on those cost increases.
Beneath the Skin of CPI Inflation: Surging Prices of Food, Housing, Medical Care Meet Plunging Prices of Gasoline & Travel Services by Wolf Richter • Apr 10, 2025 • 173 Comments Worst food inflation since 2022. Worst housing inflation in months. But plunging prices for lodging, rental cars, and airfares are interesting.
Inflation Galore Now: Fed Started Rate Cuts at the Low Point 6 Months Ago, just as Inflation Began to Resurge by Wolf Richter • Mar 28, 2025 • 105 Comments Core PCE price index jumps MoM by most in 13 months on Non-Housing Services. Recreational Services blow out. Durable Goods continue 6-month trip out of deflation.
Services Activity Jumps in March, Cost Pressures from Tariffs & Staffing Well Up by Wolf Richter • Mar 24, 2025 • 44 Comments But “competition limited the pass-through of higher costs to selling price … which will harm profits.”
Not Just in the US: Inflation Dishes Up Another Nasty Surprise in Canada, Throwing Further Rate Cuts into Doubt by Wolf Richter • Mar 18, 2025 • 64 Comments But it’s not in housing; it’s spread across much of the economy. And it’s not just the end of the temporary GST (goods & service tax) holiday.
Will Economic Detox Lead to a Recession? Maybe Not. But a Long Deep Stock Market Rout Will (See Dotcom Bust) by Wolf Richter • Mar 14, 2025 • 220 Comments “We’re focused on the real economy,” Bessent said. “Ouch,” stocks said. Where did the Trump put go?
