Consumer Price Index – Inflation
CPI Fact Sheet
The Consumer Price Index is a weighted average price index for consumer goods and services. Its percentage growth represents inflation. The Dallas-Fort Worth MSA bi-monthly index declined 0.1 percent from July to September 2014. Over the same time period the U.S. price index declined 0.1 percent. The U.S. core index (price growth less food and energy) increased 0.3 percent over the two-month time period, while the DFW core index increased 0.2 percent . In general, consumer price growth is muted due to weakness in the global economy. While geopolitical events still pose a threat, inflationary pressures, especially in crude oil, continue to decline. Inflation should remain moderate in the near term.
Source: Bureau of Labor Statistics