The year-over-year change in the CPI fell to a four-year low. Other than the negative CPI prints in 2009, this is the lowest year-over-year change since 1964. Lodging away from home had the largest month-over-month decline since 2005.
Wednesday, November 20, 2013
The Most Interesting Charts From Today's US Econ Releases
Mortgage apps and existing home sales both fell. Mortgage apps dropped 2.3% week-over-week while existing home sales it's first 3-month decline since May 2011.
The year-over-year change in the CPI fell to a four-year low. Other than the negative CPI prints in 2009, this is the lowest year-over-year change since 1964. Lodging away from home had the largest month-over-month decline since 2005.
The year-over-year change in the CPI fell to a four-year low. Other than the negative CPI prints in 2009, this is the lowest year-over-year change since 1964. Lodging away from home had the largest month-over-month decline since 2005.