Used-Vehicle Prices Turn into Inflation Headwind, after Historic 2-Year Plunge Helped Power the “Deceleration” of Core CPI by Wolf Richter • Dec 7, 2024 • 47 Comments Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand.
Cut the Price and They Will Come: New-Vehicle Sales Jump amid Big Discounts and Incentives, as Inventory Balloons by Wolf Richter • Dec 4, 2024 • 91 Comments But prices are still way too high, and automakers are not cutting them nearly enough.
Inflation Re-Accelerates Despite Plunging Gasoline Prices as “Core Services” PCE Price Index Hits 7-Month High by Wolf Richter • Nov 27, 2024 • 148 Comments Core services inflation is the biggie, and it’s going the wrong way. The Fed is already talking down the pace of rate cuts.
ECB’s Own Measure of Wage Increases Blows Fuse, Sets Off Alarms about Stubbornly Hot Services Inflation by Wolf Richter • Nov 20, 2024 • 57 Comments Meanwhile, the ECB’s QT marches on, balance sheet has shed €2.45 trillion since the peak, or 59% of its pandemic QE.
After More Up-Revisions, “Core” PPI & “Core Services” PPI Inflation Get Much Worse, Accelerating All Year by Wolf Richter • Nov 14, 2024 • 76 Comments But goods prices are relatively tame. Energy prices plunge.
Beneath the Skin of CPI Inflation: Overall CPI Accelerates for 4th Month, “Core” CPI for 3rd Month on Re-spiking Used Vehicle Prices & Rising Homeowner Costs by Wolf Richter • Nov 13, 2024 • 68 Comments Year-over-year, CPI and “core” CPI are starting to show the effects of the month-to-month increases since the “inflation is vanquished” summer.
Our F-150 XLT & Camry LE Price Index, Going Back to 1990, Is Updated with 2025 Model-Year Prices. There Were Some Twists by Wolf Richter • Nov 11, 2024 • 132 Comments Ford cuts truck prices after grotesque increases in prior years. Toyota axes the base Camry; new base Camry is a more expensive hybrid.
Inflation Doesn’t Want to Cooperate: PCE Price Indices for Core, Core Services, and Durable Goods Worsen Further MoM by Wolf Richter • Oct 31, 2024 • 60 Comments The YoY “core” PCE price index, the Fed’s yardstick for its 2% target, rose 2.65%, with no progress over the past 5 months. But energy prices plunged.
Used Vehicles Getting Ready to Turn into Inflation Headwind, after Historic Plunge Had Powered Core CPI “Deceleration” by Wolf Richter • Oct 18, 2024 • 93 Comments The used-vehicle pipeline is messed up for years to come.
What If There’s No Landing at all, But Flight at Higher Speed and Altitude than Normal, with Higher and Rising Inflation? by Wolf Richter • Oct 13, 2024 • 194 Comments That scenario is re-emerging as a real possibility in recent economic data.
